Nucor Cuts Hot Rolled Coil Prices Again Amid Market Uncertainty

Post Views: 307 Nucor hot rolled coil Nucor has reduced hot rolled coil (HRC) prices for the third time this May, signaling ongoing shifts in the U.S. steel market. The American steel giant lowered its weekly spot price to $880 per short ton for most plants for the week of May 19-25, 2025. This marks a $20 per ton decrease from the previous week and a $50 decline since early May.   Declining Prices Reflect Scrap Cost Drops and Market Instability Nucor’s price cut follows a continued downward trend, driven largely by a reduction in scrap metal prices across the U.S. Scrap costs significant...