Steel Products
January 8, 2020
Nucor Raises Flat Rolled by Another $40 Per Ton
Written by Tim Triplett
As widely expected, Nucor was the first to announce another $40 increase in flat rolled steel prices today. Other steelmakers are likely to follow suit. This represents the fifth round of price hikes by the major mills since late October totaling around $190 per ton.
In a letter dated Jan. 8, Nucor’s Sheet Mill Group notified customers that the base price for new orders of hot rolled, cold rolled and galvanized steel will increase by $40 per ton, effective immediately.
