Nucor increases spot HR price by $10/ton

Nucor announced on Monday, July 27, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,145 per short ton (st) for the week, up $10/st from last week.

The CSP for HR from CSI on the West Coast will be $1,200/st, up $15/st vs. the prior week.

Lead times of three to five weeks will continue to be offered, said a letter to customers.

You can track mill price announcements here.

SMU’s weekly price assessment noted HR coil prices at $1,165/st, on average, as of Tuesday, July 21.

We will update our prices on the evening of Tuesday, July 28.

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.

David Schollaert

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