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    Company Announcements

    April 20, 2026

    Nucor raises HR spot price to $1,055/ton

    Written by David Schollaert

    Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,055 per short ton (st), a $10/st bump from last week.

    The Charlotte, N.C.-based steelmaker said in a letter to customers on Monday, April 20, the CSP for its West Coast joint venture, California Steel Industries (CSI), also increased by $10/st week over week (w/w) to $1,105/st.

    Nucor has now raised its CSP by $95/st since Jan 20.

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

    SMU’s HRC spot price averaged $1,050/st fob mill, east of the Rockies, as of Tuesday, April 14, up $10/st vs. the previous week. We will update our prices on Tuesday evening, April 21.

    You can use the calendar on our website to track steel mill price announcements.

    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.

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