Nucor HRC Price Increase Drives US Steel Market Momentum

Post Views: 72 Nucor HRC price Nucor HRC Price Increase Supports Rising Steel Prices The Nucor HRC price increase continues to push U.S. steel prices higher. Nucor Corporation raised its spot consumer price by $10 per short ton. The new price reached $1,035 per short ton as of March 30. This marks the second consecutive weekly increase by Nucor. Earlier in March, the company implemented a larger $15 per ton increase. As a result, the market shows consistent upward pricing momentum. Meanwhile, the U.S. hot-rolled coil market reflects this trend. Average spot prices reached $1,020 per short ton....