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    July 16, 2026

    Nucor aims for a $60/ton bump on plate prices, holds fuel surcharge

    Written by David Schollaert

    Nucor said on Wednesday evening it plans to increase plate prices by $60 per short ton (st).

    The Charlotte, N.C.-based steelmaker announced the price hike in tandem with the opening of its September order book. All orders must be submitted by July 31 to be considered, the letter said.

    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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