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.