NEW YORK Nucor Corp. is
raising wire rod transaction prices by $50 per ton ($2.50 per
hundredweight) effective with Dec. 1 shipments, the Charlotte,
N.C.-based steelmaker said in a Nov. 12 letter to
The apparent leading move was quickly followed by
ArcelorMittal USA Inc., Chicago, which in a Nov. 13 letter to
customers set a $50-per-ton increase starting with Dec. 1
shipments in the United States and Canada.