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    Ryerson swings to profit as Olympic Steel integration proceeds

    Written by Ethan Bernard


    Ryerson Holding Corp.

    First quarter ended March 3120262025% Change
    Net sales$1,566.5$1,135.737.9%
    Net earnings (loss)$4.5$(5.6)180.4%
    Per diluted share$0.10$(0.18)155.6%
    (in millions of dollars except per share)

    Ethan Bernard

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    Nucor increases spot HR to $1,240/ton

    Nucor said on Monday, Oct. 12, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,240 per short ton (st) this week, a $10/st increase from a week earlier. The CSP for HR coil from California Steel Industries (CSI) on the West Coast will be $1,305/st, up $15/st from the prior week. Nucor is still offering lead times of three to five weeks, according to the letter to customers. You can track mill price announcements on our website. Steel Market Update (SMU) published a weekly price assessment on Tuesday, Oct. 6, showing HR coil prices averaging $1,270/st, up $10/st from the previous week. We will update our prices on the evening of Tuesday, Oct. 13.