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Nucor lifts SBQ surcharge for August

Keywords: Tags  Nucor, special bar quality, SBQ, scrap surcharge, August surcharge, No. 1 busheling scrap

CHICAGO — Nucor Corp. is increasing its scrap surcharge for special bar quality products by $1.50 per hundredweight ($30 per ton) effective Aug. 1, according to a July 10 notice to customers.

Customers will pay a $240-per-ton surcharge in August, based on AMM’s consumer buying price for No. 1 busheling scrap in Chicago, which settled $30 higher vs. July at $410 per ton.

This is Charlotte, N.C.-based Nucor’s highest surcharge since April’s $253 per ton (, March 12).

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