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| Nucor HRC Price |
Nucor Raises HRC Prices Amid Stronger US Demand
Nucor raised its hot-rolled coil (HRC) spot price to $965 per ton in the US. This marks the second consecutive weekly increase, reflecting improving domestic demand. As a result, Nucor signals a stronger price sentiment across the American steel market. Meanwhile, order fulfillment times remain stable at 3–5 weeks, showing no production constraints.
On the US West Coast, Nucor’s joint venture, California Steel Industries (CSI), also raised HRC prices by $5 per ton. The current CSI spot price stands at $1,015 per ton, well above the national average. Therefore, Nucor and CSI aim to influence market pricing and establish a new benchmark.
Historical Context and Market Implications
Nucor raised HRC prices by $75 per ton over nine consecutive weeks in November–December 2025. Meanwhile, US hot-rolled coil prices increased 11.1% annually, contrary to global declines of 5–12%. This indicates resilient US demand and potential supply tightening. As a result, the trend suggests manufacturers are confident in sustaining higher prices.
ScrapInsight Commentary
Nucor’s consecutive HRC price increases indicate strong domestic demand recovery and potential benchmark-setting. The US market remains insulated from global declines, supporting premium pricing. For traders and recyclers, this signals opportunities in steel procurement and circular economy planning.
