Newsletter & Podcast
ADVERTISING
  • Home
  • Subscribe
  • Ebooks
  • Podcast
  • Shop
  • Advertising
  • Markets
  • Steel Mills
  • Technology
  • Steel Guide
  • Videos
Wednesday, July 30, 2025
Steel Industry News
No Result
View All Result
  • Home
  • Subscribe
  • Ebooks
  • Podcast
  • Shop
  • Advertising
  • Markets
  • Steel Mills
  • Technology
  • Steel Guide
  • Videos
Steel Industry News
  • Home
  • Subscribe
  • Ebooks
  • Podcast
  • Shop
  • Advertising
  • Markets
  • Steel Mills
  • Technology
  • Steel Guide
  • Videos
No Result
View All Result
Steel Industry News
No Result
View All Result
  • Home
  • Subscribe
  • Ebooks
  • Podcast
  • Shop
  • Advertising
  • Markets
  • Steel Mills
  • Technology
  • Steel Guide
  • Videos
Home Steel Mills Pricing

Nucor Announces Consumer Spot Price (CSP) for Hot Roll

04/04/2024
in Pricing, Steel Mills
Steel Pricing by Steel Industry News

Steel Pricing by Steel Industry News

(April 4, 2024) In a move to enhance customer value and transparency, Nucor announces the launch of the Nucor Consumer Spot Price (CSP) for hot rolled coil. Effective April 8th, this innovative program offers consistent and clear communication of weekly spot pricing, empowering customers to make informed business decisions with reduced reliance on speculation.

The Announcement

In our continued efforts to add value to you and your customers, we are excited to introduce the Nucor Consumer Spot Price (CSP). The CSP will take the form of consistent and transparent communications to our customers of our hot rolled coil spot pricing.

Our businesses are more complex than ever and the speed of change in our markets is increasing. We want to be the partner who not only offers a quality product and service when you need it but complements that with relevant and current information about our business, enabling you to make more informed and timelier decisions about your business. We believe the CSP will do exactly that, reducing your reliance on speculation while reducing risk.

The Nucor culture has been shaped through our entrepreneurial history, open communication and caring. Our culture has built healthy relationships with a foundation of integrity and trust.

This is true with our teammates, shareholders and with you, our partners. In keeping with our culture, we developed the CSP as the next step in an even deeper connection with you and your business.

The CSP will be administered as follows:

•  Every Monday at 10:00 AM EST, we will communicate to Nucor customers our hot rolled spot price for the upcoming week, accessible at https://www.nucornow.com/home.

• This price will be in effect until the next weekly publication of the CSP.

• Our hot rolled price will be derived from both quantitative and qualitative data.

•  To aid in supporting your ability to better plan, lead times for all spot orders will be offered between 3-5 weeks.

• Our first transmission of the CSP will be on Monday, April 8th.

We are grateful for your business and the opportunity to earn it each day. We are excited to be partnering with you for a continued positive impact in our communities as we push beyond the paradigms of today toward a more nimble, efficient, and sustainable future.

Sincerely,

Patrick Dempsey

Commercial General Manager – Sheet Mill Group

Source: https://www.nucornow.com/announcements

Check out some of our other articles about steel pricing

Gambek Metals
Tags: AnnouncementGreen SteelHot RollHRCmanufacturingMetalMetal IndustryMetalsNucorPricingSteelsteel industrySteel MarketSteel MillSteel PriceSteelIndustrySteelIndustryNewsUnited States
Previous Post

Manufacturing Rebounds: A Deep Dive into the March PMI Report

Next Post

Nucor Posts First Consumer Spot Price for Hot-Rolled Coil

Recommended For You

Steel Industry News Poll

Steel Industry Community Pricing Poll: July 2025 Market Sentiment for the Balance of 2025

by Steel Industry News Editor
07/29/2025

The July 2025 Steel Industry News Community Pricing Poll reveals a divided but cautiously optimistic steel market, with 560 industry professionals providing unprecedented insight into pricing expectations

U.S. Vehicle Sales and Inventory by Steel Industry News

US-Japan Tariffs: How Steel Duties and Baseline Rates Are Changing Trade

by Steel Industry News Editor
07/24/2025

New US trade policies impose a 15% baseline tariff and a 50% steel duty, prompting concerns from U.S. automakers over Japan’s favorable deal. These measures...

2025 Economy by Steel Industry News

Inflation in 2025: Causes, Effects, and the Role of Tariffs in the Steel Industry and Beyond

by Steel Industry News Editor
07/17/2025

Inflation has once again taken a central position in both economic debates and household concerns across the United States in 2025.

USS and Gecko Robotics Announce Partnership

U.S. Steel and Gecko Robotics Transform Steel Mill Infrastructure Through Revolutionary AI and Robotics Partnership

by Steel Industry News Editor
07/16/2025

The steel industry is experiencing a revolutionary transformation as artificial intelligence and robotics converge to reshape one of America's most foundational sectors.

Women of Steel

Women of Steel: The Evolution of Women Leadership in The Steel Industry

by Steel Industry News Editor
07/01/2025

The global steel industry, historically the domain of male-dominated leadership structures spanning over 150 years, is experiencing a revolutionary transformation that extends far beyond gradual...

Next Post
Steel Pricing by Steel Industry News

Nucor Posts First Consumer Spot Price for Hot-Rolled Coil

Enmark Systems
ADVERTISEMENT

Related News

Steel Industry News Poll

Steel Industry Community Pricing Poll: July 2025 Market Sentiment for the Balance of 2025

07/29/2025
U.S. Vehicle Sales and Inventory by Steel Industry News

US-Japan Tariffs: How Steel Duties and Baseline Rates Are Changing Trade

07/24/2025
2025 Economy by Steel Industry News

Inflation in 2025: Causes, Effects, and the Role of Tariffs in the Steel Industry and Beyond

07/17/2025

Browse by Category

  • Agriculture
  • AI
  • Announcements
  • Automotive
  • Community Poll
  • Construction
  • Cybersecurity
  • Decarbonization
  • Distribution
  • Economy
  • Executive Leadership
  • Housing
  • HVAC
  • Imports
  • Manufacturing
  • Markets
  • Metals
  • Pricing
  • Raw Materials
  • Robotics
  • Sales
  • Scrap
  • Software
  • Steel Mills
  • Steel Production
  • Tariffs
  • Technology
  • Trade
LinkedIn Instagram Threads Facebook Twitter Youtube TikTok RSS
Steel Industry News
Get the latest Steel News delivered straight to your inbox – sign up now for FREE!

CATEGORIES

  • Community Poll
  • Economy
  • Executive Leadership
  • Markets
    • Agriculture
    • Automotive
    • Construction
    • Distribution
    • Housing
    • HVAC
    • Manufacturing
    • Raw Materials
      • Scrap
  • Metals
  • Steel Mills
    • Imports
    • Pricing
    • Sales
    • Steel Production
    • Trade
      • Tariffs
  • Technology
    • AI
    • Announcements
    • Cybersecurity
    • Decarbonization
    • Robotics
    • Software
Subscribe to the Steel Industry Newsletter

© 2025 Steel Industry News, LLC
Privacy / Fair Use Policy | Advertising | Newsletter

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Subscribe
  • Ebooks
  • Podcast
  • Shop
  • Advertising
  • Markets
  • Steel Mills
  • Technology
  • Steel Guide
  • Videos

© 2025 Steel Industry News, LLC
Privacy / Fair Use Policy | Advertising | Newsletter

Steel Industry News
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. View our full Privacy Policy 

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

Analytics

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Privacy / Cookie Policy

More information about our Privacy / Cookie Policy