The American steel producer Nucor has once again raised the spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in the company’s letter to customers dated 31 August.
The new offer price stands at $1,185 per metric tonne. The CSP for the California Steel Industries (CSI) joint venture has also risen by $5 per short tonne to $1,245 per metric tonne.
Nucor has been raising the price of hot-rolled coils for six weeks running; in August, the increase was $5–10 per tonne.
According to the steel manufacturer’s announcement, delivery times remain unchanged – between 3 and 5 weeks.
According to Steel Market Update, the average price of hot-rolled coils in the United States stood at $1,200 per short tonne as at 25 August.
According to estimates by Kallanish, as at 27 August, the price of HRC on the US market stood at $1,190–1,200 per short tonne. In the corresponding week of 2025, spot prices for this product ranged from $845 to $865 per tonne.
It should be noted that the global market for hot-rolled coils in July showed mixed trends; in particular, prices in the US rose steadily due to limited spot supply and stable demand. The US market was further supported during this period by maintenance shutdowns at plants and production delays at certain mills, which limited the rapid replenishment of supply.
