[SMM Steel] Nucor Halts 22-Week Price Hike Streak; US HRC Prices Hold Firm at High Levels

Published: Jun 30, 2026 17:14 (GMT+8)

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[United States] US steelmaker Nucor kept its hot-rolled coil (HRC) offers unchanged this week, marking the first pause in price hikes since late January and ending a 22-week upward streak. For the week ending June 29, Nucor's HRC offer remained stable at 1245 USD/tonne EXW, while California Steel Industries' price also held flat at 1300 USD/tonne EXW. Nucor's delivery times are currently ranging between 3 and 5 weeks. Based on domestic and global HRC price trends as well as robust current demand, Nucor continues to expect the HRC market to remain strong in the coming months.

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