Nucor Sheet Mill Group announced Thursday that it has increased base spot prices on all hot rolled coil (HRC), cold rolled coil (CRC), and galvanized products an additional minimum of $30/nt ($1.50 cwt. or $33/mt) effective immediately for January shipments.
This is the second minimum of $30/nt ($1.50 cwt. or $33 /mt) increase the company has announced for January shipments, resulting in a total spot price increase of a minimum $60/nt ($3.00 cwt. or $66/mt).