Nucor to raise sheet prices $80/nt

Nucor Sheet Mill Group announced to customers Monday that it will raise transaction prices for the month of March by a minimum of $80 /nt ($88 /mt or $4.00 cwt.). The price increase, effective for orders shipped March 1 and later, is due to increased order activity in recent weeks as well as increased raw material costs, Nucor explained. The company said that the spot order book for March will open Monday across the Sheet Mill Group.