Key Takeaways:

Effective 3/16/26, Nucor has raised its CSP hot rolled coil base price for all mills.

New Section 301 trade investigations and the prospect of renewed U.S. tariffs are adding uncertainty that could keep steel prices elevated into late summer 2026.

U.S. carbon steel imports remain sharply below last year’s levels, tightening supply, while coated steel prices are rising on low imports and stronger demand.🎬 Steel Industry News Video Preview Get a taste of what paid members watch every week. This short preview covers the highlights but paid members get the full video recap.

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SOURCES

Nucor Raises Hot-Rolled Coil Price to $1,005 per Short Ton – IndexBox

Nucor raises spot HRC price to $860/st – Argus Media

USTR Announces New Section 301 Investigations of Major Trade Partners – Butzel

Trump might get away with his new tariffs: The law he’s relying on – Fortune

Steel Imports Up 4.6% in January 2026 vs. December 2025 – American Iron and Steel Institute

Nucor Raises Hot-Rolled Coil Prices for Third Consecutive Week – GMK Center

Nucor Raised the Price of Hot-Rolled Coil to $1,005/ton – GMK Center

Nucor Looks to Brighter 2026, Expects Steel Market Improvement – Industrial Info Resources

Nucor Misses Fourth-Quarter Estimates as Costs Drag on Margins – U.S. News / Reuters

NLMK raises coated prices by $100/ton amid low demand – LinkedIn