Key Takeaways

• Nucor’s published hot rolled coil base price increased by $10 per ton for the week of April 27, extending a pattern of incremental but persistent upward mill pricing.
• U.S. raw steel production has risen for five consecutive weeks, with capacity utilization reaching 80.0% – the highest rate since August 2024
• Spot iron ore prices have climbed roughly 6.7% from their mid-February low, and shipping disruptions linked to Middle East conflict are adding pressure to delivered raw material costs, giving mills additional justification to hold or raise flat rolled offers.

▶️🎧Steel Industry News Member Video Podcast Preview: This is just a sample. Paid members get the full length video episodes every week covering mill pricing, input costs, supply chain trends, and more! Keep ahead in steel.

👉 Stay ahead in steel. Unlock Full Episodes

Free: Regular updates – Key takeaways, video previews and more!
Monthly Member ($65/month): Full article access, video podcasts, weekly market insights, and 15% off individual ebooks.

Annual Member ($450/year, normally $780): Everything in monthly plus 25% off individual ebooks. Best value for steel professionals.

Founding Member ($1,000/year): Complete access, full ebook library included free ($495 value), and first access to upcoming courses and quizzes.

^{Disclaimer
The content provided in this article is for general informational purposes only and does not constitute financial, legal, or professional advice. Readers should seek consultation with qualified professionals before making any financial, investment, or legal decisions. We disclaim any liability for losses, damages, or adverse outcomes resulting from decisions made based on the information presented herein.}

By subscribing you agree to our Terms of Use, our Privacy Policy and our Information collection notice