Nucor hikes spot HR price to $1,090/ton
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,090 per short ton, up $10/st from last week.
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,090 per short ton, up $10/st from last week.
Sources told SMU they’ve begun considering whether US imports of sheet might benefit the overall market.
The spread between domestic hot-rolled coil and prime scrap prices continued to widen in May, a trend that began in September.
India-based JSW Steel’s combined US operations swung to a slight profit in its fiscal fourth quarter of 2026.
SMU Survey: Sheet and plate lead times remain extended, according to buyers responding to our latest market survey.
Buyers continue to report mills are holding a firm grip on sheet and plate prices.
All five of SMU’s sheet and plate price indices ticked higher this week, rising further to new multi-year highs. Prices increased between $5-25 per short ton (st) from last week and are $30-65/st higher than they were one month ago.
On Monday, Nucor hiked its spot HR price by $10/ton.
Nucor increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,070 per short ton (st), a $5/st increase from last week.
I haven’t done a deep dive into our sentiment data for a little while. And it’s timely to do so now. Why? Because we’re seeing what I’ll call the inverted yield curve of steel buyers’ sentiment.
Domestic sheet market participants found business conditions remarkably consistent this week.
The price gap between US hot-rolled coil (HR) and landed offshore product tightened this week. The dynamic continues even as stateside and import prices diverged a bit vs. the prior week.
Steel mill lead times continue to hold at or near multi-year highs for both sheet and plate products, territory they have been in two months.
Each of SMU’s sheet and plate price indices climbed higher this week, with all products rising further to new multi-year highs.
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,065 per short ton (st), a $10/st increase from last week.
Each of SMU’s sheet and plate price indices climbed higher this week, with most products rising further to new multi-year highs
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,055 per short ton (st), a $10/st bump from last week.
The spread between domestic hot-rolled coil and prime scrap prices widened again in April, a trend that started back in September.
Sheet and plate prices increased yet again this week on an increasingly tight spot market. It's gotten so tight that some market participants say they're becoming more concerned about availability than about price.
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,045 per short ton (st), a $5/st bump from last week.
The US Court of International Trade (CIT) has upheld the Commerce Department’s decision to apply adverse facts available to Nippon Steel in the 2018-2019 administrative review of hot-rolled steel from Japan.
Nucor plans to increase its list price for hot-rolled (HR) coil to $1,040 per short ton (st), up $5/st from last week.
Steel mill production times for sheet and plate products remain at or near multi-year highs, according to buyers responding to our latest market survey.
Most steel buyers report that mills are not willing to negotiate on new order spot prices, according to our latest market survey. Mill negotiability is now down to one of the lowest rates measured in over a year.
Sheet and plate prices were flat or modestly higher this week, continuing a trend we’ve seen since the beginning of Q4. The big question: How much longer can the trend hold?
Nucor has increased its consumer spot price (CSP) for hot-rolled (HR) coil to $1,035 per short ton (st), a $10/st bump from last week.
The pace of sheet and plate price increases slowed this week, with most products holding at some of the highest levels seen in over a year.
Mexico’s Ministry of Economy issued a preliminary ruling in its anti-dumping case on hot-rolled steel from China and Vietnam. The government found evidence of price discrimination and imposed provisional duties on a wide range of hot-rolled flat products, including coils, sheet, strip, and plate.
Nucor raised its consumer spot price (CSP) for hot-rolled (HR) coil to $1,025 per short ton (st), up $10/st from last week.
Most steel buyers report that domestic mills are unwilling to negotiate price on new sheet and plate spot orders.