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    Analysis

    April 27, 2026

    Nucor raises HR spot price to $1,065/ton

    Written by David Schollaert

    Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,065 per short ton (st), a $10/st increase from last week.

    The Charlotte, N.C.-based steelmaker said in a letter to customers on Monday, April 27, the CSP for its West Coast joint venture, California Steel Industries (CSI), also increased by $10/st week over week (w/w) to $1,115/st.

    Nucor has now raised its CSP by $105/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 $1,060/st fob mill, east of the Rockies, as of Tuesday, April 21, up $10/st vs. the previous week.

    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.

    Read more from David Schollaert

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