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    Company Announcements

    August 28, 2026

    Nucor maintains plate prices, opens October orderbook

    Written by David Schollaert

    Nucor said on Friday that its Plate Group plans to maintain base plate prices as it opens its October orderbook.

    The Charlotte, N.C.-based steelmaker said in a letter to customers that orders must be submitted by Sept. 18 to be considered.

    The company said, however, some adders would be updated, including HSLA Grade 50 steel plate—widely used for structural and heavy-duty load-bearing projects. The adder was doubled to $5 per hundredweight (cwt) or $100 per short ton (st).

    Adders for as-rolled light gauge plate will range from $3/cwt ($60/st) to $8/cwt ($160/st) depending on gauge, according to Nucor Plate Group’s adders page.

    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 $1,395/st on average, as of Tuesday, Aug. 25, flat vs. the prior week.

    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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