Steel Mills
December 10, 2019
Written by Tim Triplett
The Nucor Plate Mill Group informed customers today, Dec. 10, that it has increased transaction prices on all new orders for carbon, alloy and heat-treated plate by a minimum of $50 per ton, effective immediately.
Nucor’s move follows a similar announcement by SSAB Americas on Friday. Sources tell SMU that ArcelorMittal has also followed suit, though the company has not issued a formal written announcement.
ArcelorMittal plans to build a new electrical steel manufacturing facility near its AM/NS Calvert joint-venture mill in Alabama. The steelmaker plans to produce 150,000 metric tons (165,350 short tons) of non-grain-oriented electrical steel (NOES) annually there through its wholly owned subsidiary, ArcelorMittal Calvert LLC. ArcelorMittal revealed its plans for the new mill on Monday, following the Department […]
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