Company Announcements
September 28, 2026
Written by David Schollaert
Nucor said on Monday, Sept. 28, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,220 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 $1,280/st, also up $10/st from the prior week.
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.
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.
Mesabi Metallics is considering building a direct-reduction iron (DRI) plant as its Minnesota Iron Range iron ore mine and pellet plant begin startup, according to local reports.