NEW YORK Charlotte, N.C.-based steelmaker Nucor Corp.
will raise its raw material surcharge on special bar quality
(SBQ) products by $43 per ton ($2.15 per hundredweight) to $253
per ton ($12.65 per cwt), effective with shipments April 1, it
announced in a letter to customers.
The increased surcharge is based on AMMs
consumer buying price for No. 1 busheling scrap in Chicago,
which settled $43 per ton higher in March vs. February (
amm.com, March 7).