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The American company Nucor has raised the spot price for hot-rolled coil (HRC) by another $5 per short ton. As a result, the official price has risen to $1,070 per short ton, according to Kallanish.
The company’s latest price bulletin, released on Monday, indicates at least a temporary slowdown in the pace of price increases. It is worth noting that during each of the previous two weeks, Nucor raised product prices by $10 per short ton.
Delivery times for hot-rolled coil orders remain steady at 3–5 weeks.
The spot base price for HRC from California Steel Industries also rose by $5 this week, to $1,120 per short ton.
Last week, according to Kallanish, the domestic price for hot-rolled coil in the U.S. rose by an average of $10, reaching the range of $1,050–1,060 per short ton.
As a reminder, in the first quarter of this year, Nucor increased total shipments of steel products from its steel mills to 7.028 million tons, a 9% year-on-year increase. The utilization rate of the company’s steel mills for the period rose to 86% compared to 80% in the same period of 2025. The average external sales price per ton of steel products in the first quarter of 2026 increased by 14% year-on-year—to $1,074 per ton.
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