Nucor lowers hot-rolled coil prices to $875/t
Published by
ScrapPrices
Published on August 13,2025 07:00 AM Steel
American steelmaker Nucor has reduced its weekly spot price (CSP) for hot-rolled coil (HRC) for the second consecutive week. Offers for the week of August 11–17, 2025, dropped by 1.7% or $15/t compared to the previous week – to $875 per short ton for all production facilities except California Steel Industries (CSI), where the price stands at $935/t (-1.6%).
Nucor lowers hot-rolled coil prices to $875/t

American steelmaker Nucor has reduced its weekly spot price (CSP) for hot-rolled coil (HRC) for the second consecutive week.

Offers for the week of August 11–17, 2025, dropped by 1.7% or $15/t compared to the previous week – to $875 per short ton for all production facilities except California Steel Industries (CSI), where the price stands at $935/t (-1.6%).

The order lead time is estimated at 3–5 weeks.

The first week of August saw stabilization in Nucor’s HRC offers, though the downward trend continues. The maximum price since the beginning of this year was reached on March 24 – $935/t ($995/t for CSI) – and remained until April 13.

According to SMU, last week spot prices for HRC in the USA ranged from $770 to $890 per short ton. Kallanish reports that as of August 8, HRC was trading in the $860–880 per short ton range.

As previously reported by GMK Center, in July 2025 the global hot-rolled coil market continued to show mixed trends in key regions. Specifically, prices in the USA declined amid a seasonal pause and cautious buyer sentiment. Most participants in the American market believe that “the bottom” will be reached in August–September. In September–October, a price revision is expected when the market emerges from the summer slowdown and steelmakers try to strengthen their positions on the back of an anticipated increase in demand from infrastructure and energy projects.

MORE STEEL NEWS
October 21,2025 06:00 AM
Canada has proposed removing tariffs on certain steel and aluminum products imported from the US and China, Reuters reports, citing a government document published late last week.
October 13,2025 05:00 AM
The average price of OCTG pipes on North America FOB terms in September stood at $2,191 per ton. Market participants are currently observing unfavorable conditions in the oil industry. During the same period, WTI quotations fell by 2.2% to $62.5 per barrel after falling by 7.8% in August.
October 10,2025 12:00 PM
The specific deals that Canada is negotiating with the U.S. in key sectors such as steel, aluminum and autos are likely to persist even if the United States-Canada-Mexico trade deal is reviewed next year, Prime Minister Mark Carney said Friday.