Steel Products Prices North America
Nucor Tubulars Raises Prices by $75 Per Ton
Written by Tim Triplett
November 21, 2020
Nucor Tubular Products announced Nov. 20 that it has increased pricing on all new orders for HSS, pipe, mechanical and piling products by $75 per ton as a result of rising raw material costs, strong demand and volatility of transportation costs.
All orders booked prior to this announcement will be price protected for shipments through Dec. 18. All open orders beyond 30 days will be price in effect at time of shipment. New orders, quotes and contracts not previously confirmed by Nucor will be subject to this increase, the company said.
Nucor Tubular’s latest price hike follows on an increase of $50 per ton announced Sept. 25.
Tim Triplett
Read more from Tim TriplettLatest in Steel Products Prices North America
Nucor holds the line on published HR spot price
The steelmaker has kept its weekly consumer spot price for hot-rolled steel sheet unchanged since Nov. 12.
Nucor’s HR spot price unchanged for 5th week
Nucor’s weekly spot price for hot-rolled (HR) coil will remain at $750 per short ton (st) for a fifth week.
SMU price ranges: Market stable amid post-Thanksgiving glut
Steel sheet prices remain at or near multi-month lows, while plate prices continue edging lower from their mid-2022 peak.
Nucor again holds HR spot price at $750/ton
For the fourth week in a row, Nucor will keep its published spot price for hot-rolled (HR) coil unchanged.
SMU Community Chat: Timna Tanners on ‘Trumplications’ for steel in 2025
Wolfe Research's Managing Director Timna Tanners discusses the 'Trumplications' for steel in the coming year in this week's SMU Community Chat.