Steel Products Prices North America

Nucor Lifts Plate Prices $50/Ton
Written by Michael Cowden
March 26, 2021
Nucor increased plate prices by $50 per ton ($2.50/cwt) in the afternoon on Friday, March 26, after SSAB had earlier in the day lifted plate tags by $100 per ton.
It was not immediately clear why there was such a large difference. The steelmakers don’t always increase plate prices by the same amount, but a $50-per-ton spread is wider than usual.
Nucor’s new ex-works base price for cut-to-length A36 plate is $1,140 per ton ($57/cwt), up from $1,090 per ton a month ago, according to letters to customers.
The steelmaker’s new base prices for quenched-and-tempered Grade A514 material with a Grade B base is now $1,390 per ton, up from $1,340 per ton in late February.
And Nucor’s new price for A516-70 product is $1,270 per ton, up from $1,220 per ton a month prior.
All published extra will be applied, Nucor said.
“We reserve the right to review and re-quote any offers that are not confirmed with either a Nucor sales acknowledgement or written acceptance by both parties,” the company said.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
Read more from Michael CowdenLatest in Steel Products Prices North America
Nucor lifts HR spot price by $10/ton
Nucor has raised its weekly spot list price on hot-rolled coil by $10 per short ton (st) after keeping it unchanged since Aug. 25.
Atlas Tube up $50/ton following NLMK USA sheet price hike
Atlas Tube, in a leading move, said it aims to increase prices for mechanical tubing, hollow structural sections (HSS), and piling products by at least $50 per short ton (st).
NLMK USA up $50/ton on HR and CR, up $100/ton on coated
NLMK USA plans to increase prices for hot-rolled and cold-rolled coil by at least $50 per short ton (st). The move is effective immediately for all spot orders, the steelmaker said in a letter to customers on Friday.
SMU Price Ranges: Sheet floor holds as market debates upside
Our average HR coil price increased $5/short ton from last week, marking a second consecutive week of modest gains. Market participants generally attributed the increase to...
Thin demand keeps plate prices hovering at lowest levels since February
Participants in the domestic plate market say spot prices appear to have hit the floor, and they continue to linger there. They say demand for steel remains thin, with plate products no exception.
