Company Announcements
August 24, 2026
Written by David Schollaert
Nucor said on Monday, Aug. 24, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,180 per short ton (st) for the week, a $10/st increase from a week earlier.
The CSP for HR from CSI on the West Coast will be $1,240/st, also up $10/st from the prior week.
President Trump announced that Mesabi Metallics will build the largest steel plant in the US in the state of Iowa.
Cleveland-Cliffs Inc. has confirmed a fatal accident occurred at its Monessen coke facility on Sunday, but said production has not been impacted.
Nucor said its consumer spot price for hot-rolled coil will be $1,220 per short ton (st) for the week of Sept. 28. That's a 10/st increase from a week earlier.
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.
ArcelorMittal told the government of Ukraine that it is unable to restart operations at its ArcelorMittal Kryvyi Rih steel plant in a “safe and sustainable manner” following Russian missile attacks.