Today, Nucor Sheet Mill Group announced they would be raising base prices on new orders by a minimum of:
Hot rolled coil- $2.00 cwt. ($44/mt or $40/nt)
Cold rolled coil- $1.50 cwt. ($33/mt or $30/nt)
Galvanized - $1.50 cwt. ($33/mt or $30/nt)
Nucor further stated they reserve the right to review and re-quote any offers that are not confirmed with either a Nucor sales acknowledgement or written acceptance by both parties.
NLMK USA has also announced they will be raising prices for all flat rolled steel products by $2.00 cwt. ($44/mt or $40/nt), effective immediately.