Nucor trumps earlier moves, raises sheet steel prices by $40 per ton

Steelmaker Nucor is raising prices for steel sheet products by $40 per ton ($2 per hundredweight) with immediate effect, a move which exceeds the price rises imposed by West Coast mills in the United States by $10 per ton ($0.50 per cwt).

The price rises apply equally to hot-rolled, cold-rolled and galvanized products, according to letters sent to customers on Wednesday January 3 by the North Carolina-based steelmaker. “We reserve the right to review and requote any offers...

Published

Michael Cowden

January 03, 2018

18:06 GMT

Chicago