19
Aug
20:46
Nucor decreases structural prices
US steel producer Nucor is dropping its structural prices by $60/short ton, Kallanish learns from a company letter.
The move on beams, angles and channels comes as a result of inventory imbalances despite solid end-use demand, the company says.
“While demand for structural products remains consistent and growing in key markets across the US, prolonged destocking activity present in the market today and resulting price pressure from domestic competitors …
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Anonymous
Very good overview of the weekly steel market.
Anonymous