NUE · News · 20260804N

Steel Pricing and Demand

NUCOR CORP · 2026-08-04 · Importance 25 · Surprise 32

Nucor increased its hot-rolled coil spot price by $10 per short ton to $1,155 on August 4, 2026. The increase was Nucor’s third consecutive weekly HRC price hike. California Steel Industries, Nucor’s joint venture, raised its HRC spot price by $15 to $1,215 per short ton, with the moves attributed to strong U.S. flat-rolled steel demand and lower foreign import volumes.

Key facts

• Nucor Corporation has increased its hot-rolled coil (HRC) spot price by US$10 per short ton to US$1,155, marking the third consecutive weekly price hike. source
• Its joint venture, California Steel Industries (CSI), also raised its HRC spot price by US$15 to US$1,215 per short ton. source