Core Report | February 28, 2025
Domestic steelmakers Cleveland-Cliffs and Nucor continued hiking their steel spot prices over the last week. Cliffs raised their spot hot-rolled price by $100/st late on February 21st, setting its April production level at $900/st. Nucor raised its published hot-rolled coil consumer spot price (CSP) by $40/st this week to $860/st ($43.00/cwt), along with 3-5 week lead times.