Steel Products Prices North America
June 11, 2015
Nucor Begins New Round of Flat Rolled Price Increases
Written by John Packard
Nucor became the first domestic steel mill to announce a second round of flat rolled steel price increases. The Nucor announcement, which was for a $20 per ton price increase, affected hot rolled, cold rolled and galvanized products produced by their mills.
This is the second price increase on flat rolled products since the end of April. On April 28th Nucor announced specific base price levels (increase) to their customers. The base prices referenced were $460 per ton ($23.00/cwt) base on hot rolled, $580 per ton ($29.00/cwt) base on cold rolled and coated. One mill, NLMK USA, announced specific base prices rather than a general plus $20 in early May. Their base prices were $20 per ton higher than what Nucor was telling their customers.
