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Nucor lowers SBQ extra for June

Keywords: Tags  Nucor, scrap surcharge, special bar quality, first quarter, shipments


CHICAGO — Nucor Corp. will lower its raw materials surcharge on special bar quality (SBQ) products by $1.10 per hundredweight ($22 per ton) to $10.50 per cwt ($210 per ton) effective with June 1 shipments, the company said in a May 10 letter to customers.

The new surcharge comes on the heels of a $22-per-ton drop in AMM’s consumer buying price for No. 1 busheling scrap in Chicago.


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