Nucor Increases Hot-Rolled Coil Prices to $885/t Amid Strong Q3 Earnings

Post Views: 201 Nucor HRC Nucor Raises Hot-Rolled Coil Prices: Focus on Market Recovery Nucor has raised its weekly spot price (CSP) for hot-rolled coil (HRC) to $885 per short ton. This increase applies to all production facilities except California Steel Industries (CSI), where the price reached $945/t. The adjustment, up $10/t from the previous week, follows a steady price level since August 25. Spot order deliveries are expected within 3–5 weeks. The price hike reflects broader US steel market trends. SMU estimated US HRC spot prices at $805/t as of October 21, a $20 increase from last mon...