Company Announcements
August 3, 2026
Written by David Schollaert
Nucor announced on Monday, Aug. 3, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,155 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 $1,215/st, up $15/st vs. the prior week.
Nucor's consumer spot price for hot-rolled increased by $10/st w/w on Monday, Oct. 5 to $1,230 per short ton.
SSAB Americas aims to increase base plate prices by at least $60 per short ton (st), according to a letter sent to customers on Monday.
This October, SMU is introducing a new way to keep you informed on the latest steel market news and insights: the Daily Digest. Beginning in mid-October, our new Daily Digest will replace the three newsletters currently delivered each week.
Algoma Steel Group Inc. expects the first heat from its second electric-arc furnace (EAF) in the coming days, even as it forecasts a quarterly EBITDA loss and a 20% decline in shipments.
Nucor said on Thursday evening it plans to increase plate prices by $60 per short ton (st) as it opens its November order book.