Nucor, ArcelorMittal boost plate by $50 per ton

Nov 07, 2012 | 05:10 PM | Chris Prentice

Tags  Nucor, ArcelorMittal USA, steel plate, commodity-grade plate, alloy plate, heat-treated plate, steel plate mill, Chris Prentice

NEW YORK — Nucor Corp. and ArcelorMittal USA Inc. have increased transaction prices for plate products by $50 per ton, effective immediately with new orders, the steelmakers said in letters to customers dated Nov. 7.

Chicago-based ArcelorMittal’s increase applies to all plate products.

Charlotte, N.C.-based Nucor said the minimum $50-per-ton increase by its plate group applies to all carbon, alloy and heat-treated plate products. A day earlier, the steelmaker informed customers it was increasing sheet products by the same amount (, Nov. 6). ....

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