Steel Mills
October 11, 2018
Nucor Raises Sheet Prices by $40 Per Ton
Written by Tim Triplett
On Wednesday of this week, Nucor’s Sheet Mill Group announced a $40 per ton ($2.00/cwt) price hike on flat rolled steel products produced by the mill. The price hike affects only spot tons and not contract orders, which tend to be tied to a flat rolled steel price index.
In an Oct. 10 letter to customers, Nucor said that base prices on hot rolled, cold rolled and galvanized steel products would all increase by $40 per ton, effective immediately.
