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Nucor hikes plate by $30 per ton

Keywords: Tags  Nucor, steel plate, price price hike, carbon steel plate, alloy steel plate, heat-treated steel plate

NEW YORK — Nucor Corp. has increased transaction prices by a minimum of $30 per ton for all new orders of carbon, alloy and heat-treated plate, effective immediately, the Charlotte, N.C.-based company said in a July 11 letter to customers.

AMM’s assessed steel plate prices have softened in recent weeks, although some sources previously indicated that if the sheet market picks up it may give a boost to plate (, July 1).

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