Steel Products Prices North America
Nucor Keeps Most Plate Prices Flat, Drops Tags on Some CTL Sizes
Written by Michael Cowden
September 6, 2022
Nucor Corp. aims to keep prices for some plate products flat and to decrease prices on certain cut-to-length items by $50-150 per ton ($2.50-7.50 per cwt).
The Charlotte, N.C.-based steelmaker announced the move with the opening of its October order book for plate.
“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 in a letter to customers on Friday, Sept. 2.
Prices for discrete, quench-and-temper, and normalized plate are unchanged from when the company last adjusted them on July 28, Nucor said.
But prices for three cut-to-length sizes are going down. Prices for 84-inch-wide cut-to-length plate will be down $50 per ton. Prices for cut-to-length product 72 inches wide and 60 inches wide will be down $150 per ton, the company said.
Nucor also makes 96-inch-wide and 120-inch-wide cut-to-length plate. Prices for those sizes are unchanged.
By Michael Cowden, Michael@SteelMarketUpdate.com
Michael Cowden
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