Steel Products

Nucor keeps HRC price unchanged

Written by David Schollaert

April 21, 2025

Nucor has kept its weekly hot-rolled (HR) coil price flat this week after a marginal cut the previous week.

As of Monday, April 21, the CSP is $930 per short ton (st), unchanged week over week (w/w) and down just $5/st over the past month.

That price is good across Nucor mills, except for its joint-venture subsidiary California Steel Industries (CSI), whose HR price also remained flat w/w at $990/st.

The letter to customers stated that lead times of three to five weeks will continue to be offered, but they should contact a Nucor sales representative to confirm.

SMU’s April 15 market check had HR coil spot prices ranging from $840-950/st, averaging $895/st. Our HR index was down $10/st from the prior week and has declined $55 since peaking at $950/st in mid-March. We will update our indices tomorrow evening.

SMU members can access our steel mill price announcement calendar to view historical flat-rolled and plate price announcements.

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

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