Bad Policies: Tariffs
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.
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)