U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short ton compared to the previous week. This was announced in a letter the company sent to its customers on June 1.
Consequently, the new offer price is $1,105/ton.
The CSP for the joint venture California Steel Industries (CSI) will also increase by $10 per short ton—to $1,155/ton.
The letter to customers notes that delivery times remain unchanged—3 to 5 weeks.
Nucor has been raising its spot price for hot-rolled coils by $5–15/ton since late January of this year.
According to SMU, as of May 26, prices for hot-rolled coil in the U.S. ranged from $1,070 to $1,120 per short ton, with an average price of $1,095/ton. Currently, the portal notes, citing market sources, service centers are having to contend with supply delays and rising supply levels.
It should be recalled that the global hot-rolled coil market showed mixed dynamics in April 2026. In the U.S. and China, prices continued to rise due to limited supply and expensive raw materials, while in the EU, the domestic segment remained under pressure from weak demand amid rising import costs.
In the U.S. market in April, the availability of spot volumes from mills was limited, and delivery times for certain grades continued to lengthen.
