Nucor introduces weekly hot-rolled coil spot pricing

Nucor is introducing a weekly Nucor Consumer Spot Price – CSP – to provide its customers with communications regarding the company’s hot-rolled coil spot pricing. Nucor will issue the first CSP on Monday, April 8. The CSP will be released every Monday, communicating Nucor’s hot-rolled spot price for the week to Nucor customers. It will remain in effect until the next weekly publication. Nucor CSP pricing will be derived from both quantitative and qualitative data. Lead times for all spot orders will be offered between three and five weeks to assist customers with their planning.