Company Announcements
February 2, 2026
Written by David Schollaert
Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $970 per short ton (st), up $5/st from last week.
The Charlotte, N.C.-based steelmaker said in a letter on Monday, Feb. 2, that the CSP for its West Coast joint venture, California Steel Industries (CSI), is also up $5/st w/w to $1,020/st.
Nucor said on Monday, Sept. 21, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,210 per short ton (st) this week, a $10/st increase from a week earlier.
SSAB Americas announced immediate changes to pricing extras on select products, according to a letter sent to customers Friday morning.
Steel Dynamics Inc. (SDI) has guided to higher third-quarter earnings both sequentially and on-year.
Nucor Corp. expects significantly higher earnings in the third quarter thanks to higher selling prices and stable sales volumes.
A new player is emerging in the grain-oriented electrical steel (GOES) space. Flux Steel Works announced plans to renovate and reequip a former ATI specialty steel plant in Louisville, Ohio, to produce GOES.