Key Takeaways:
- Effective 3/16/26, Nucor has raised its CSP hot rolled coil base price for all mills.
- New Section 301 trade investigations and the prospect of renewed U.S. tariffs are adding uncertainty that could keep steel prices elevated into late summer 2026.
- U.S. carbon steel imports remain sharply below last year’s levels, tightening supply, while coated steel prices are rising on low imports and stronger demand.
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SOURCES
Nucor Raises Hot-Rolled Coil Price to $1,005 per Short Ton – IndexBox
Nucor raises spot HRC price to $860/st – Argus Media
USTR Announces New Section 301 Investigations of Major Trade Partners – Butzel
Trump might get away with his new tariffs: The law he’s relying on – Fortune
Steel Imports Up 4.6% in January 2026 vs. December 2025 – American Iron and Steel Institute
Nucor Raises Hot-Rolled Coil Prices for Third Consecutive Week – GMK Center
Nucor Raised the Price of Hot-Rolled Coil to $1,005/ton – GMK Center
Nucor Looks to Brighter 2026, Expects Steel Market Improvement – Industrial Info Resources
Nucor Misses Fourth-Quarter Estimates as Costs Drag on Margins – U.S. News / Reuters
NLMK raises coated prices by $100/ton amid low demand – LinkedIn
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