Steel Products Prices North America
Nucor Tubulars Raises Prices by $75 Per Ton
Written by Tim Triplett
November 21, 2020
Nucor Tubular Products announced Nov. 20 that it has increased pricing on all new orders for HSS, pipe, mechanical and piling products by $75 per ton as a result of rising raw material costs, strong demand and volatility of transportation costs.
All orders booked prior to this announcement will be price protected for shipments through Dec. 18. All open orders beyond 30 days will be price in effect at time of shipment. New orders, quotes and contracts not previously confirmed by Nucor will be subject to this increase, the company said.
Nucor Tubular’s latest price hike follows on an increase of $50 per ton announced Sept. 25.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America
CRU: US longs prices remain mostly flat in October
CRU Senior Steel Analyst Alexandra Anderson shares insight into the current market for long steel products.
Nucor holds HR base price at $730/st
Nucor is holding its hot-rolled (HR) coil consumer spot price (CSP) at $730 per short ton (st) this week.
Buyers say galv prices stable mill level but stuck in swamp on the street
Galvanized steel buyers on Tuesday discussed the eerie stability in sheet prices of late. Expectations are for the murky market to persist in the short term, while glimmers of hope continue for prices pushing higher.
Nucor ups weekly HR price by $10/ton
Nucor’s weekly consumer spot price (CSP) for hot-rolled (HR) coil increased $10 per short ton (st) from last week to $730/st as of Monday, Sept. 23.
Plate report: Prices getting closer to pre-Covid norms
The US plate market finds itself in unfamiliar territory, well maybe unfamiliar territory for this side of the post-Covid “normal,” that is.