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

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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