Steel Mills

Nucor Again Announces Flat Plate Prices
Written by Michael Cowden
January 25, 2022
Nucor Corp. has announced that plate prices are unchanged for the second month in a row.
The Charlotte, N.C.-based steelmaker announced the “$0/per ton change” with the opening of its March order book for plate.
The result: Nucor’s base price for cut-to-length A36 plate remains at $1,815 per ton ($90.75/cwt) ex works. The company’s price for normalized A516-70 product continues to be at $2,015 per ton ($100.75/cwt) ex works. And its base price for quenched-and-tempered Grade A514 material with a Grade B base is still at $2,375 per ton ($118.75/cwt) ex works.
“We reserve the right to review or requote any offers that are not confirmed with either a Nucor sales acknowledgement or written acceptance by both parties,” the company said in a letter to customers dated Monday, Jan. 24.
Nucor had announced in early January that it was keeping prices unchanged with the opening of its February order book – a move notable at the time because it was the first big price announcement of 2022 and because it was a departure from the significant month-over-month price increases seen for much of 2021.
By Michael Cowden, Michael@SteelMarketUpdate.com

Michael Cowden
Read more from Michael CowdenLatest in Steel Mills

Atlas completes Evraz NA deal, renames firm, and hires former USS exec as CEO
Atlas Holdings has completed its acquisition of Evraz North America (Evraz NA) and its subsidiaries.

ArcelorMittal: As tariffs slow global growth, Calvert could be a bright spot
ArcelorMittal expects less demand growth across most of the markets it operates in, including the US, because of President Donald Trump’s tariffs. But the Luxembourg-based steelmaker also thinks it stands to benefit from an increasingly regionalized world thanks to investments like the new EAF at its mill in Calvert, Ala.

Ternium posts solid Q2, expects further shipment growth
Latin American steel producer Ternium delivered a solid performance in the second quarter of 2025. Performance was driven primarily by higher realized steel prices in Mexico, even as shipment volumes declined slightly across its regional portfolio.

Algoma swings to loss on ‘unprecedented disruptions’ and trade barriers
Canada’s Algoma Steel saw a sharp loss in the second quarter amid a continued challenging market environment and “tariff uncertainties.”

Nucor eyes long-term gains amid strong demand and trade enforcement
Resilient demand across its steel product lines, combined with the continued ramp-up of key expansion projects, drove Nucor’s improved financial results and record-setting performance in the second quarter. That’s according to company executives speaking on an earnings conference call on Tuesday.