Analysis
May 24, 2022
Final Thoughts
Written by Michael Cowden
Prices are down across the board this week. That’s not new if you’ve been paying attention lately.
Price increases are often announced. Decreases rarely are. What’s new is Nucor’s almost aggressively transparent pricing strategy – announcing not only price increases but also flat and decreasing prices. That is new on the sheet and plate side of things. We’ll see how it plays out in the months ahead, especially if prices continue to fall.
