NEW YORK Nucor
Corp. has raised minimum base prices on its plate products by
$40 per ton ($2 per hundredweight) effective immediately, it
said in a Nov. 7 letter to customers.
N.C.-based steelmaker said the increase applies to "all new
orders for carbon, alloy and heat-treated plate."
Last month, Lisle, Ill-based SSAB Americas surprised buyers
with a $20-per-ton plate increase just one week after an
earlier $30-per-ton price boost (
amm.com, Oct. 24). The move was said to follow an
earlier $50-per-ton increase by Chicago-based ArcelorMittal USA