Steel Mills
Nucor Informs Customers of Change to Scrap Surcharge Index
Written by Tim Triplett
January 9, 2018
Nucor’s Sheet Mill Group has informed customers of a change in the index used to calculate scrap and raw material surcharges. It could affect steel pricing beginning with the January 2018 index settlement price, which determines the February 2018 Nucor surcharge for some customers. See the letter below:
Tim Triplett
Read more from Tim TriplettLatest in Steel Mills
BREAKING NEWS: Trump approves Nippon-U.S. Steel deal
President Trump has approved the sale of U.S. Steel to Nippon Steel, according to an executive order signed on Friday, June 13. Both the Pittsburgh-based steelmaker and the Japanese steelmaker cheered the development.
Nippon exec responds after Trump ‘golden share’ comments: Report
A Nippon executive has hit back regarding the deal for USS following President Trump's talk of a "golden share" on Thursday.
Trump says US government to control 51% share in USS
President Trump says the US government will hold a 51% stake in U.S. Steel after the Nippon deal.
ArcelorMittal plans wire-drawing closure in Hamilton, shifts production to Montreal
ArcelorMittal’s (AM) Hamilton location to be shuttered, wire production shifting to Montreal.
USS, Nippon Steel quiet as litigation deadline approaches
There has been little word from U.S. Steel, Nippon Steel, or the White House since President Trump endorsed the companies’ “partnership” on social media and celebrated it at the May 30 rally outside Pittsburgh.