17
Nov
17:23
Nucor raises plate prices $50/st
US steelmaker Nucor is raising base prices for its plate products by $50/short ton, Kallanish learns.
The increase is effective immediately for all carbon, alloy and heat-treated products. It echoes similar moves by competing domestic mills.
One buy-side source says the general push for higher prices on products of all kinds is linked to raw material pressure.
Plate, in particular, is largely being driven by raw material pressure as demand remains fundamen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous