David Schollaert

Nucor announced on Monday, July 27, that its consumer spot price (CSP) for hot-rolled (HR) coil will be $1,145 per short ton (st) for the week, up $10/st from last week.

The July Business Conditions report issued by the Precision Metalforming Association (PMA) found the sector remains broadly stable but is becoming more cautious.

SMU’s average price for domestic HR remained flat at $1,165 per short ton (st) this week, unchanged vs. the prior week. In offshore markets last week, prices mainly edged down.

The Chicago Business Barometer increased in July, maintaining an expansionary trend for a third straight month.

We’re just about three-and-a-half weeks away from the big dance. Have you punched your ticket to the can’t-miss flat-rolled steel gathering of 2026 yet?

Nucor increased its consumer spot price for hot-rolled coil to $1,155 per short ton for the week of Aug. 3, up $10/st from last week.

Steel Dynamics Inc. (SDI) has promoted Theresa Wagler, presently EVP and CFO, to president and CEO, effective Jan. 1, 2027.

Sheet and plate prices continue to rise on extremely limited spot availability, long lead times, and solid demand, according to market participants.

SPS Companies has acquired Jemison Metals, a carbon flat-roll service center and fabricator headquartered in Birmingham, Ala., from Jemison Investment Company.

SMU’s average price for domestic HR rose to $1,180 per short ton (st) this week, $15/st higher vs. the prior week. In offshore markets last week, prices mainly moved up.