Steel Prices

Nucor keeps plate prices unchanged

Written by David Schollaert

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 Schollaert

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