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07 May
21:16

Nucor's weekly HRC price tumbles, motivations questioned

US hot rolled steel participants have had about a month now to analyse the impact of Nucor’s weekly consumer spot price (CSP), with some calling it misleading while others say it has offered a modicum of transparency that did not exist before, Kallanish understands.  The Charlotte, North Carolina-based steel producer announced in early April that it would publish a weekly HRC spot price for its customers each Monday (see Kallanish 5 April). This we…
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