US flat rolled mills cut raw materials surcharge
Steel Dynamics Inc. and
Nucor Inc. have announced their November raw materials surcharge on its sheet products.
November deliveries will carry a raw materials surcharge of $3.25 cwt. ($65 per net ton, $71.65 per metric ton).
This is a $2.25 cwt. ($45/net ton, $49.60/metric ton) decrease from previous raw materials surcharge.
SDIs surcharge is effective November 1 while
Nucors surcharge is effective on orders placed for deliveries on or after November 5.