In a letter to customers Wednesday, Nucor Plate Group said that effective with orders acknowledged to ship the week ending April 7, 2012, the applicable Raw Material Surcharge for all Nucor carbon and alloy discrete plate and plate from coil will be $278/nt ($13.90 cwt. or $306/mt). The surcharge for April shipments represents no change from the previous surcharge announcement.
However, the Nucor Plate Group will raise net transaction prices on new orders for as-rolled carbon plate by a minimum of $2.00 cwt. ($40/nt $44/mt).
Nucor announced an identical $2.00 cwt. price increase on transaction prices on new orders of heat treated, Quenched and Tempered and normalized, plate. The RMS also remained unchanged.