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Bad Policies: Tariffs
Domestic steel prices have increased 35% this year
Nucor Corporation (the largest steel producer in the U.S.) has raised its price for hot-rolled coil to $910 per ton for all producing mills.

That same price was $670 at the start of 2025.

Scott Lincicome (@scottlincicome): Fueled by tariffs, US steelmaking giant Nucor raised prices again last month, the latest in a string of hikes that have its US prices 35% higher since this time last year
(steelindustry.news)