Nucor raises spot HRC price to $860/st

Market: Metals, Pipe and tube
24/02/25

US steelmaker Nucor raised its spot hot-rolled coil (HRC) price by $40/short ton (st) this morning.

Nucor's consumer spot price (CSP) was raised to $860/st for its mills outside of California, where prices were increased to $920/st.

Lead times are 3-5 weeks.

The Argus US HRC Midwest and southern assessments both increased by $70/st last week to $850/st ex-works.

Nucor competitor Cleveland-Cliffs raised its spot HRC price by $100/st to $900/st on 21 February, after more than two months of unchanged published pricing.

By Rye Druzchetta

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