Steel Products
Nucor maintains plate prices
Written by David Schollaert
April 28, 2025
Nucor aims to keep plate prices flat with the opening of its June order book.
The Charlotte, N.C.-based steelmaker said it was maintaining last month’s price, effective with new orders received on Monday, April 28, in a letter to customers dated the same day.
The company said pricing applied equally to carbon, normalized, and quenched-and-tempered products.
Nucor said its base price for normalized and quenched-and-tempered plate is $1,475 and $2,645 per short ton (st), respectively.
“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,” the company said in the letter.
This is the first time Nucor has held plate prices in check after four consecutive increases from January to March, which totaled $300/st, according to SMU’s mill price announcement calendar.
SMU’s plate price stands at $1,185/st on average. Plate prices have been largely flat, fluctuating by just about $10/st since mid-March, according to SMU’s interactive pricing tool, which you can find here.
David Schollaert
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