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    Liberty Steel temporarily furloughs workers at Illinois wire rod mill

    Written by Ethan Bernard


    Liberty Steel workers at its Bartonville, Ill., facility face furloughs after an industry downturn, according to a media report.

    A company spokesperson told WMBD-TV News in Peoria, Ill., last week that the majority of the workers affected will be at its wire mill. But the action is temporary, and “we are looking forward to bringing all employees back.”

    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.