The American steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil (HRC). The price has risen by $10 compared with the previous week and now stands at $1,200 per short tonne. This is reported by Steel Market Update.
The CSP price for the California Steel Industries (CSI) joint venture also rose by $10 per short tonne — to $1,260/t.
Nucor has been raising the price of hot-rolled coils for several weeks running; in August, the increase was $5–10/t.
According to the steel manufacturer, delivery times remain unchanged — between three and five weeks.
According to Steel Market Update, the average price of hot-rolled coils in the United States as at 8 September stood at $1,225 per short tonne (an increase of $20 compared with the previous week).
Current prices are significantly higher than last year’s figures. During the same period in 2025, Nucor’s spot price to consumers stood at $875 per short tonne, whilst Kallanish’s market quotations for US HRC ranged from $825 to $865 per short tonne.
Overall, at the start of September, the US domestic flat steel market is facing limited availability of both spot materials and contract-based products — buyers continue to report these difficulties.
In addition, producers of long products are seeking to raise prices for merchant bar (MBQ). In particular, Nucor and Gerdau have announced price increases of $30–50 per short tonne, depending on the product type.
It should be noted that ArcelorMittal has raised prices for HRC in Europe by €20/t ($23/t) for deliveries in November 2026. This is due to rising costs of raw materials and energy.