28
Feb
16:27
Nucor raises sheet prices
Nucor is following Cleveland-Cliffs’ previously announced sheet price increase.
Nucor will match Cliffs’ $50/short ton base price increase for sheet products, Kallanish learns from a letter to customers.
On 21 February, Cleveland-Cliffs announced its carbon hot rolled, cold rolled, and coated steel price increase for April orders due to “a stronger inflow of new orders”.
The pricing moves are an attempt by US mills to stop the precipitous…
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Anonymous
Very good overview of the weekly steel market.
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