19
May
14:22
Nucor hikes tubulars $125/st
Nucor Tubular Products has joined the push for higher welded tube prices, Kallanish learns from a customer letter.
Nucor is raising its base prices immediately for all structural, pipe, mechanical and piling products by $125/short ton. Extant orders will be price-protected through 11 June.
Like the mirror increase announced by EXLTUBE, Nucor attributes the hike at least partially to elevated skelp costs. Kallanish currently puts hot-rolled at $1,450-1…
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Anonymous
Very good overview of the weekly steel market.
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