Aug 29, 2026Company News
Nucor Keeps US HRC Price Unchanged at $1,130/t
The spot price for a hot-rolled coil remained at $1,130/t The American steel producer Nucor has left its spot price (CSP) for hot-rolled coils unchanged compared with the previous week. This is state
The spot price for a hot-rolled coil remained at $1,130/t The American steel producer Nucor has left its spot price (CSP) for hot-rolled coils unchanged compared with the previous week. This is stated in a letter from the company to its customers dated 29 June. The current offer remains at $1,130 per short tonne.
The company fixed the price following a previous increase of $5 per short tonne on 22 June. This is the first time the company has kept the CSP unchanged since the end of January this year. Prior to this, increases had been weekly, ranging from $5 to $15 per short tonne. Nucor announced its most significant increase (of $15 per short tonne) on 2 March.
The CSP for the joint venture California Steel Industries (CSI) also remained at the previous level — $1,180 per short tonne. “The CSP price has not changed this week as we monitor import levels, as well as domestic and global price trends.
Underlying demand is strong and improving, and current indicators point to further growth during the second half of 2026 and in 2027,” the letter states. Delivery times remain between 3 and 5 weeks. According to SMU’s estimates, the average price for hot-rolled coils in the US as at 23 June stood at $1,145 per short tonne.
It should be noted that global prices for hot-rolled coils showed mixed trends in May. On the European market, average monthly offers fell by 2–4 per cent, whilst in China and the US there was a slight increase of 3–4 per cent. In the coming months, prices in the United States are likely to remain high due to sufficient demand and seasonal plant shutdowns.
At the same time, as import supply increases and market supply gradually improves, the pace of price rises may slow down.
