Last Friday, Nucor notified customers of a revision to its galvanized coating extras. Nucor advised customers, “Consistent with our practice to monitor the cost of zinc, we have revised our galvanized coating weight extras effective with new orders acknowledged for the week ending Oct. 10, 2020.”
Nucor is the third mill to revise its galvanized coating extras recently, following Steel Dynamics and California Steel Industries.
SMU has done an analysis on the old and new extras, provided below. Nucor extras increased an average of 19 percent.
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