The US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coils by $5 per short tonne compared with the previous week. This is stated in a letter from the company to its customers dated 10 August.
The new offer price stands at $1,160 per short tonne. The CSP for the joint venture California Steel Industries (CSI) has also risen by $5 per short tonne to $1,220 per short tonne.
Delivery times remain unchanged at 3 to 5 weeks.
According to Steel Market Update, the average price for hot-rolled coils in the US as at 4 August stood at $1,180 per short tonne.
Meanwhile, Gerdau Long Steel North America also warned of price increases for rolled steel in a letter to customers, reports Kallanish.
The increase ranges from $30 to $80 per short tonne and came into effect for new orders placed from 10 August.
The largest price increase (of $80 per short tonne) applies to certain types of angle bars, channels and flat products. The price increase implemented on 3 August for similar products, but of different dimensions, is not affected by this adjustment. For orders confirmed by 7 August, the price remains unchanged provided that shipment takes place by 21 August.
As reported by GMK Center, the global market for hot-rolled coils showed mixed trends in July 2026. In particular, in the US, prices rose steadily due to limited spot supply and stable demand,
Courtesy : https://gmk.center/en/news/nucor-has-once-again-raised-hrc-price-by-5-t/