Nucor has raised hot-rolled steel prices to $930/t, marking the eighth increase this year. Learn about the latest trends and impacts on the US steel market.

Discover how protective measures have boosted hot rolled coil (HRC) prices worldwide in March 2023, with significant increases in Europe, USA, and Vietnam.

Nucor has announced its sixth consecutive HRC price increase since the start of 2023, aligning with market trends and recovery in demand. The move may bring significant cost pressure to downstream industries.

Vietnam imposes temporary anti-dumping duties ranging from 19.38% to 27.83% on hot-rolled coils imported from China, aiming to protect local producers from a surge in Chinese imports.

The China Iron and Steel Association (CISA) warns that US tariffs on steel and aluminum imports could spark a global trade war, with long-term negative effects on the global steel supply chain, including China's steel industry.

Iron ore prices rebounded in early February 2025, reaching a 2-month high. Learn about market trends, price fluctuations, and factors influencing the recovery.