On Tuesday, Nucor announced that it was raising prices on all carbon, alloy and heat-treated plate by $1.50 cwt. ($33/mt or $30/nt), effective immediately.
The move follows a similar increase from SSAB Americas a day earlier. SSAB Americas said that it was raising the transaction price for all non-contract as-rolled carbon and high strength low alloy plate, normalized plate, alloy plate including quenched and tempered, cut to length Plate >72" wide and hot rolled coil >72" wide, by a minimum of $30/nt. This announcement applies to all new and existing orders acknowledged for the ship week of March 17, 2013 and beyond.