Nucor has raised the price of hot-rolled coils to $1,115 per tonne

The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared to the previous week. This is stated in the company’s letter to customers dated 8 June.

The new offer price is therefore $1,115/tonne.

The CSP for the joint venture California Steel Industries (CSI) has also risen by $10 per short tonne to $1,165/tonne.

Delivery times remain unchanged at 3–5 weeks.

Nucor has been raising its spot price for hot-rolled coil on a weekly basis since 27 January.

According to SMU estimates, prices for hot-rolled coil in the United States as of 2 June rose from $1,080 per short tonne to $1,130/t, with the average price standing at $1,105/t.

Meanwhile, Gerdau Long Steel North America is raising prices for beams and other products, reports Kallanish.

The price increase ranges from $40 to $80 per short tonne, with the new offer taking effect for new orders from 8 June. The largest increase – $80/tonne – applies to channels and angles with a diameter of 6 inches and above, as well as to strips with a diameter of 9 inches and above.

Orders confirmed by Friday are protected by the previous price if shipped by 22 June, with the exception of beams, which are subject to a $50/tonne increase. The price for these beams remains unchanged if they are shipped by 27 June.

It should be noted that the global hot-rolled coil market showed mixed trends in April 2026. In the US and China, prices continued to rise due to limited supply and expensive raw materials, whilst in the EU the domestic segment remained under pressure from weak demand against a backdrop of rising import costs.

In the US market in April, the availability of spot volumes from mills was limited, and delivery times for certain grades continued to lengthen.