Steel Prices

No movement in Nucor’s weekly HR spot price

Written by Laura Miller

January 6, 2025

While steel news may be starting 2025 off with a bang, Nucor’s consumer spot price (CSP) for hot-rolled (HR) coil is not: The steelmaker is keeping its weekly published price unchanged for yet another week.

Nucor’s HR coil CSP has been at $750 per short ton (st) since mid-November. And it will remain there for this week, the Charlotte, N.C.-based company said on Monday morning.

The spot price for HR from Nucor’s joint-venture subsidiary California Steel Industries (CSI) is also unchanged at $810/st.

SMU’s average HR price has also seen little change since November, hovering around $675/st, according to our interactive pricing tool.

We will update our price indices this week and publish the prices in Tuesday’s newsletter.

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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