Steel Products

Plate Mills Follow Nucor’s $50 Lead

Written by Tim Triplett

A handful of carbon steel plate mills have followed Nucor’s lead and announced price increases of $50 per ton today, effective immediately on all new or unconfirmed orders. All extras will remain unchanged.

Evraz North America increased transactional prices on all carbon, HSLA, Hot Rolled Coil, Normalized, and all Quenched & Tempered products including Armor by a minimum of $50 per ton.

SSAB Americas increased transaction prices by a minimum of $50 per ton on all existing noncontract orders acknowledged for shipment the week of Feb. 18 and beyond. The increase will apply for As-Rolled Mill Plate, Cut-To-Length Plate >72”, Hot Rolled Coils >72”, as well as Normalized and Quenched & Tempered Plate.

Likewise, ArcelorMittal USA notified customers of a $50 per ton increase on all non-contractual carbon, HSLA, alloy, heat-treated, and specialty plate products.

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The Nucor Plate Group increased its transaction prices on all new orders for carbon, alloy and heat-treated plate by $50 per ton on Jan. 5.

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