Prices
August 18, 2021
Written by Michael Cowden
EXLTUBE has raised prices for all A53B products by $125 per ton ($6.25 per cwt) effective immediately.
“This increase is due to escalating substrate costs, transportation costs and demand,” the North Kansas City, Mo.-based pipe and tube producer said in a letter to customers Wednesday, Aug. 18.
Sheet and plate prices continued to move higher on market dynamics that have carried headlines for much of the second half of the year: scarce spot tons, long lead times, production delays, lean inventories, and stable demand.
Nucor's consumer spot price for hot-rolled increased by $10/st w/w on Monday, Oct. 5 to $1,230 per short ton.
SSAB Americas aims to increase base plate prices by at least $60 per short ton (st), according to a letter sent to customers on Monday.
Nucor said on Thursday evening it plans to increase plate prices by $60 per short ton (st) as it opens its November order book.
Sheet and plate prices continued to inch higher on a combination of scarce spot tons, long lead times, lean inventories, and stable demand.