Tag: Nucor

Nucor's new, 3-million-ton-per-year sheet mill in Apple Grove, W.Va., has reached "about 85%" completion, with commissioning now underway.

Nucor is entering the second quarter "with real momentum," according to its chief executive, as the company reported soaring first-quarter sales and profits.

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.

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.

Service centers held only 2.24 months of supply (49.3 days of supply) of sheet products in March, according to our latest figures. If you check our archives, you’ll see that's the lowest sheet inventories we’ve seen since June 2021 – which was hardly a bad year for steel.

Nucor announced its fuel surcharge for plate will be at least $10 per short ton, effective with shipments beginning May 1.

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.

Plate market participants we spoke to this week offered a long list of concerns: escalating fuel and freight expenses, consolidated sources of end-market demand, tariff-related complications, as well as long lead times and delivery delays from US mills. The cherry on top? An ever shrinking availability of spot tons from domestic mills.

Algoma Steel aims to increase plate prices by US$60 per short ton (CA$80/st), effectively immediately, according to a letter to customers dated Thursday.

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.

At least two major US plate producers - SSAB Americas and Nucor - plan to increase plate prices by at least $60 per short ton (st).

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.

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.

Nucor expects first-quarter 2026 earnings to be higher both sequentially and on-year, with its steel mills segment logging the largest increase.

Nucor raised its consumer spot price for hot-rolled coil to $1,015 per short ton, up $5/st from last week.

Nucor Plate Group notified customers it is increasing prices on all rolled products by $40 per short ton (st) and $60/st on all heat treat products.  

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $1,010 per short ton (st), up $5/st from last week. 

Nucor announced Wednesday the retirement of Executive Vice President of Commercial Daniel R. Needham, effective June 20.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $1,005 per short ton (st), up $15/st from last week.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $990 per short ton (st), up $10/st from last week.

Nucor Corp. has made an internal promotion and named the new top financial officer of the Charlotte, N.C.-based steel company.

Once wintery weather gives way to sunnier spring conditions, plate sources foresee the market accepting the $50-60 per short ton spot price increases issued by Nucor Plate Group, Oregon Steel Mills, and SSAB. 

SSAB Americas wants to increase plate prices by at least $60 per short ton, $10 more than rival Nucor’s price hike last week.

Nucor increased its list price for hot-rolled (HR) coil to $980 per short ton (st) on Monday, up $5/st from last week.

Nucor on Friday announced plans to increase plate prices by $50 per short ton (st).

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $975 per short ton (st), up $5/st from last week.

Nucor’s consumer spot price (CSP) for hot-rolled coil increased to $970 per short ton, up $5/st from last week.

Nucor Chair and CEO Leon Topalian is bullish on the outlook for 2026. And noted that the Charlotte, NC-based steelmaker remains in the hunt for M&A opportunities.

Nucor reported higher profits in the fourth quarter on-year, and expects sequential improvements across all segments in the current quarter.

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