The company announced on April 19 that it was increasing the price of plates
Nucor Steel, a manufacturer of electric arc furnace (EAF) plates, announced on April 19 that it will raise the price of certain ex-furnace plate products to a minimum of $1,570/st.
Nucor increased prices for normalized and quenched and tempered sheets
According to the company's statement, it has decided to increase the prices of normalized and quenched and tempered sheets by $40/st.
This is the first time since Nucor increased plate prices by $50 per ton on March 13 and SSAB Americas raised plate prices by $80 per ton. At the same time, these increases affect orders that have been approved for shipment since June 4.
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