Tag: Hot Rolled

What do SMU's latest survey results show about the current market take on tariffs and where HRC prices are going?

Sheet prices mostly continued their uneven but steady march higher this week, according to SMU’s latest check of the market.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $965 per short ton (st), up $5/st vs. the prior week.

The price gap between US hot-rolled coil (HR) and landed offshore product has been relatively flat to begin the year.

SMU’s sheet price indices climbed to new multi-month highs this week, while plate prices marginally declined.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $960 per short ton (st), up $10/st vs. the prior week.

US service centers’ flat-rolled steel supply recovered in December, after trending lower from September to November.

The price spread between domestic hot-rolled coil and prime scrap widened for a fourth consecutive month in January, based on SMU’s most recent pricing data.

The majority of SMU’s sheet and plate price indices rose this week, with multiple products climbing to new multi-month highs

Nucor’s consumer spot price (CSP) for hot-rolled coil remains unchanged at $950 per short ton (st) for the fourth consecutive week.

Sources in the domestic hot-rolled sheet market say they are standing by for an uptick in customer demand. These service center market participants, located in various regions of the US, expect to handle an influx of customer orders this month. 

Mill spot price negotiation rates have tumbled across all products SMU tracks, according to our latest survey data.

Steel sheet and plate prices rose across the board to start the year on limited spot availability at some mills, expectations of higher scrap prices, and hopes of stronger demand in 2026.

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st) for a third week.

Nucor kept its consumer spot price (CSP) for hot-rolled coil unchanged at $950 per short ton (st).

Nucor raised its weekly hot-rolled coil spot list price by $10 per short ton (st) this week, marking the company's ninth consecutive increase.

US Midwest sheet prices continued to rise alongside continued mill prices increases as lead times remained extended.

The price gap between stateside hot band and landed offshore product continues to narrow, inching closer toward parity. The premium is now, on average, at its lowest level since July.

Following last week’s pause, SMU’s price indices were overall steady to higher this week, holding at or near multi-month highs.

Flat rolled = 50.6 shipping days of supply Plate = 52.8 shipping days of supply Flat rolled US service centers’ flat-rolled steel supply declined for the fourth straight month, reaching 50.6 shipping days of supply on an adjusted basis at the end of November, according to SMU data. Flat roll supply is at its lowest […]

Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) again on Monday, Dec. 15. This was its eighth increase in as many weeks, moving up $65/st over that span.

Participants in the domestic coil market hope producer price increases indicate strong market conditions entering the new year.

Less than half of the steel buyers who responded to our market survey this week reported that domestic mills are willing to talk price on new spot orders

The price spread between hot-rolled coil and prime scrap has widened for the third consecutive month in December, based on SMU’s most recent pricing data.

The price gap between stateside hot band and landed offshore product continues to narrow toward parity, now at its lowest level in five months.

SMU’s sheet and plate prices took a breather this week, holding relatively steady at multi-month highs.

Nucor increased its weekly hot-rolled coil spot list price by $10 per short ton (st) on Monday, Dec. 8.

The price gap between stateside hot band and landed offshore product has inched closer to parity, now at its lowest level since the summer.

All of SMU’s sheet price indices rose this week, climbing to new multi-month highs. At the same time, our plate index held steady.

Nucor increased its weekly hot-rolled coil spot list price by $5 per short ton (st) on Monday, Dec. 1. This was its sixth increase in as many weeks, moving up $45/st over that span.