Nucor raises May US plate prices

Wednesday, 14 April 2010 18:51:09 (GMT+3)   |  
Effective with orders shipped the week ending May 8th, 2010, Nucor Plate Group has announced it will leave the raw material surcharge (RMS) for all carbon and alloy discrete plate and plate from coil neutral at$11.65/cwt. ($257/mt or $233/nt)  due to the rising cost of raw materials.

However, the company announced that effective with all new orders that it will be increasing transaction prices for plate by a minimum of $3.00/cwt. ($66/mt or $60/nt).

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