November 22, 2008

Nucor to raise plate price for June

Nucor has announced to add its carbon steel plate prices by at least USD 270 per ton effective from June 1st 2008.

The main reason is due to continued strong demand and soaring raw material costs. Consequently the price of A36 medium plate is expected to be around USD 1,300 per ton.

Demand for plate remains strong, especially for shipbuilding. The shipbuilding boom is fueled primarily by robust global demand.

(Sourced from YEIH.com)