Steel Products
Nucor Bumps Plate Price by Another $50
Written by Tim Triplett
January 29, 2018
Nucor’s Plate Mill Group announced a $50 per ton price increase today, Jan. 29, on all new orders for carbon, alloy and heat-treated plate, effective immediately on all unconfirmed orders.
This latest increase follows three earlier announcements by Nucor ranging from $30 to $50 per ton on plate since mid-November.
{loadposition reserved_message}
Tim Triplett
Read more from Tim TriplettLatest in Steel Products
US and Canadian rig counts inch higher
Baker Hughes reported higher oil and gas drilling activity this week in both the US and Canada.
Global steel production falls to near two-year low in September
World crude steel output declined for the fourth-consecutive month in September, slipping 3% from August to an estimated 141.8 million metric tons (mt), according to the latest figures from the World Steel Association (worldsteel).
Market sources say regional activity is dictating plate demand
Demand for plate on the spot market remains soft by comparison to years past. However, this week regional demand variations grew more pronounced.
Battery #14 at USS Clairton to restart on Oct. 23
U.S. Steel plans to restart battery #14 at the Clairton Coke Works plant on Thursday, ending its idling period. Battery #14 was hot idled following the explosion at coke oven batteries 13 and 14 on Aug. 11. The Mon Valley Works Clairton plant has completed the necessary repairs. It expects the battery to restart during […]
Findings from Clairton investigations prompt USS to revise safety protocols
U.S. Steel (USS) said it’s been strengthening its safety protocols as findings from investigations into the causes of a deadly explosion at USS Clairton Coke Works on Aug. 11 materialize. The Pittsburgh, Pa.-headquartered steel producer stated that an independent investigation conducted by the Environmental Design & Testing Corp (EDT) produced findings aligned with the company’s […]
