CHICAGO Nucor Corp. has
raised its raw materials surcharge for special bar quality
(SBQ), wire rod and semi-finished products by $53 per ton
($2.65 per hundredweight) to $220 per ton ($11 per cwt),
effective with shipments Dec. 1.
The increase, announced in a letter to customers Nov. 9,
follows a $53-per-ton rise in AMMs Chicago
consumer buying price for No. 1 busheling scrap (
amm.com, Nov. 7).
The Charlotte, N.C.-based steelmaker did not say whether it
was also changing its base prices.