Nucor makes long-awaited beam price hike

Dec 19, 2013 | 04:43 PM | Frank Haflich

Tags  steel, Nucor-Yamato Steel Co., wide-flange beam, price increase, Steel Dynamics Inc., Gerdau Long Steel North America, Frank Haflich

LOS ANGELES — A long-awaited pricing move by Nucor-Yamato Steel Co. has set the stage for what many buyers hope could be the first general improvement in beam transaction prices since midyear.

Nucor-Yamato, Blytheville, Ark., and Nucor Corp.’s Berkeley, N.C., beam mill have both raised prices on most beam products by $35 per ton ($1.75 per hundredweight).....

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