Nucor has announced a second price increase for hot-rolled coil (HRC) in September, raising the weekly spot price by $10 per short ton to $730. This follows an earlier increase during the week of September 9-15, which also saw a $10 rise, bringing the total increase for the month to $20. While demand for HRC in the U.S. has not fully recovered, there are signs of improvement, with consumers accepting gradual price hikes after a prolonged decline. Major steel producers, including Nucor and Cleveland-Cliffs, have planned maintenance shutdowns, contributing to reduced supply and rising prices.