Nucor - Latest news GMK Center

The project cost approximately $440 million

Nucor has raised its spot price for HRC to consumers by $10, to $1,080 per short ton

Compared to the previous quarter, the figure rose by 19%

Nucor and SSAB Americas will also raise prices for flat steel

Compared to the previous week, the price rose by $10 per short ton

Most of the recent announcements of price increases have been moderate

The new announcement marks the eighth consecutive weekly price increase

Offers rose by $10 to $990/t for all companies except California Steel Industries, where the price reached $1040/t

Since the beginning of the year, growth has amounted to $30/t

Product prices rose to $975/t amid limited supply and stable demand

Nucor's HRC price rose to $965/t, while the market is seeing a gradual recovery in demand and prices

This is the first adjustment to proposals since the beginning of the year