Steel Prices

Nucor maintains plate prices, opens August order book
Written by David Schollaert
June 30, 2025
Nucor aims to keep plate prices flat again with the opening of its August order book.
In a letter to customers on Monday, the Charlotte, N.C.-based steelmaker said it would maintain last month’s price, effective with new orders received on Monday, June 30.
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.
Nucor has held plate prices unchanged for the past three months after kickstarting the year with four consecutive increases from January to March, totaling $300/st, according to SMU’s mill price announcement calendar.
SMU’s plate price stands at $1,150/st on average as of June 24. Plate prices have been steadily edging higher and are now up $30/st from a recent low of $1,120/st in late May, according to SMU’s interactive pricing tool, which you can find here.

David Schollaert
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