Nucor Corporation has announced a price increase for its hot-rolled coil (HRC) consumer spot price (CSP), marking a shift in the steel industry as new tariff policies begin to reshape market dynamics. Effective June 9th, 2025, Nucor has raised its CSP HRC base price to $890 per ton for all producing mills, with California Steel Industries (CSI) pricing set at $950 per ton. This represents a $20 per ton increase for all mills and a $40/ton increase for CSI from the previous week’s pricing of $870 per ton for standard mills and $910 per ton for CSI, signaling a potential...