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Nucor keeps SBQ surcharge flat

Keywords: Tags  Scrap surcharge, special bar quality, Nucor, No. 1 busheling, customer letter

CHICAGO — Nucor Corp. has left its January raw materials surcharge for special bar quality (SBQ) products unchanged at $11 per hundredweight ($220 per ton), the Charlotte, N.C.-based steelmaker said in a Dec. 10 letter to customers.

The surcharge, which is effective with shipments Jan. 1, is based on AMM’s consumer buying price for No. 1 busheling scrap in Chicago, which was $390 per ton in both November and December.

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