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ArcelorMittal, Nucor increase wire rod prices

Keywords: Tags  Wire rod, ArcelorMittal Long Carbon North America, Nucor, price increase

NEW YORK — ArcelorMittal Long Carbon North America is increasing its prices on all wire rod in the United States and Canada by $30 per ton ($1.50 per hundredweight) effective with shipments Dec. 1, the Chicago-based company announced in a Nov. 8 letter to customers.

Nucor Corp. also is raising transaction prices on wire rod products by $30 per ton effective with shipments Dec. 1, the company said in a Nov. 11 letter to customers. The move, a revision of Charlotte, N.C.-based Nucor’s $20-per-ton wire rod increase announced Oct. 21 (, Oct. 22), follows similar moves by other wire rod mills (, Nov. 8).

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