Nucor aims to hike plate prices by $50/ton

Written by Kristen DiLandro

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Nucor on Friday announced plans to increase plate prices by $50 per short ton (st).

The Charlotte, N.C.-based steelmaker made the announcement in tandem with the opening of its April orderbook.

The company said the increase would apply to all orders that haven’t been confirmed by an order acknowledgement.

You can check out SMU’s Steel Mill Price Announcement Calendar to follow announced pricing moves.

SMU’s price assessment for plate currently stands at $1,055/st on average.

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

Kristen DiLandro

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