US Steel Prices Plummet 10% Amid Domestic Output Surge and Weak Demand

Friday, Sep 5, 2025 12:48 pm ET1min read

US steel prices have dropped 10% from an April high, returning to pre-tariff levels. The decline is attributed to increased domestic output and weak demand. Nucor, a US steel company, has intermittently cut prices for hot-rolled coils. The drop in prices is a significant shift from the high prices seen earlier in the year.

US Steel Prices Plummet 10% Amid Domestic Output Surge and Weak Demand

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