Nucor Corp. announced in a letter to customers on Friday, Dec. 29, that its plate mill group would hold prices unchanged for as-rolled discrete plate, normalized, and quenched-and-tempered plate with the opening of its plate mill order book for February.
The Charlotte, N.C.-based steelmaker said tags would retain the price “set forth” in its Nov. 28 notice, when it increased prices by $40 per ton to $1,430 per ton.
The move was effective with new orders received on Saturday, Dec. 30, the letter said.
“We reserve the right to review and re-quote any offers that are not confirmed with either a Nucor sales acknowledgment or written acceptance by both parties,” Nucor said in the letter.
To keep track of the latest mill price increases, visit SMU’s price increase calendar.
David SchollaertRead more from David Schollaert
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