Steel Mills
September 10, 2020
Nucor Announces Higher Base Price for Plate
Written by Tim Triplett
Nucor’s Plate Group announced a new minimum base price yesterday “to provide an increased level of clarity and transparency to our plate product pricing.” The company added: “This price change reflects continued increases in input costs and changing market dynamics.”
Effective immediately, Nucor’s new minimum base price is $29.50/cwt ($590 per net ton), freight included. This price is for discrete/CTL plate, grade A36, up to 2” thick, in widths of 72”, 84”, 96”, or 120”. Any published extras will be applied to this base price as warranted.
