Company Announcements
May 4, 2026
Written by David Schollaert
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,070 per short ton (st), a $5/st increase from last week.
The Charlotte, N.C.-based steelmaker said in a letter to customers on Monday, May 4, the CSP for its West Coast joint venture, California Steel Industries (CSI), also increased by $5/st week over week (w/w) to $1,120/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.