Steel Products
June 25, 2019
Nucor’s First to Announce Steel Price Hike of $40 Per Ton
Written by Tim Triplett
Nucor’s Sheet Mill Group announced a second price increase on flat rolled steel today. Effective immediately on new orders, prices for Nucor’s hot rolled, cold rolled and galvanized steel products are increased by $40 per ton ($2/cwt).
The notice to Nucor’s customers comes just two weeks after the steelmaker announced the first increase, also of $40 per ton. Other mills immediately followed suit and are likely to do the same again this week (ArcelorMittal has already followed with $40).
