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    January 20, 2026

    Nucor increases HRC spot price by $10/ton

    Written by David Schollaert

    Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $960 per short ton (st), up $10/st vs. the prior week.

    It was the first increase in three weeks. To track steel mill price announcements, you can use the calendar on our website here.

    The Charlotte, N.C.-based steelmaker said in a letter on Tuesday, Jan. 20, that the CSP for its West Coast joint venture, California Steel Industries (CSI), is also up $10/st w/w to $1,010/st.

    Still, lead times of 3 to 5 weeks will continue to be offered, according to the letter.

    SMU’s HRC spot price averaged $935/st fob mill, east of the Rockies, as of Tuesday, Jan. 13, up $5/st from the previous assessment.

    We will update our prices on Tuesday evening, Jan. 20.

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

    Read more from David Schollaert

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