Prices
November 9, 2021
Written by Brett Linton
On Monday, Nov. 8, NLMK notified customers of an upward revision to their galvanized steel coating extras, effective on orders starting January 2022.
Zinc prices soared in October, reaching a record high of $1.74 per pound on Oct. 15. Prices have since declined, down to $1.48 per pound as of Nov. 9.
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.
Nucor said its consumer spot price for hot-rolled coil will be $1,220 per short ton (st) for the week of Sept. 28. That's a 10/st increase from a week earlier.