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.
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