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    March 16, 2026

    Nucor hikes HR spot price to $1,015/ton

    Written by Ethan Bernard

    Nucor raised its consumer spot price (CSP) for hot-rolled (HR) coil to $1,015 per short ton (st), up $5/st from last week. 

    The Charlotte, N.C.-based steelmaker said in a letter to customers on Monday, March 16, the CSP for its West Coast joint venture, California Steel Industries (CSI), also got a $5/st bump week on week (w/w) to $1,065/st. 

    Lead times of 3 to 5 weeks will continue to be offered, the letter said. 

    SMU’s HRC spot price averaged $1,005/st fob mill, east of the Rockies, as of Tuesday, March 10, even with the previous week’s assessment. We will update our prices on Tuesday evening, March 17. 

    To track steel mill price announcements, you can use the calendar on our website. 

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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