Nucor - Latest news GMK Center

The base HRC price reached $740 per short ton

The company announced a reduction in offers by $10 – to $720/t

On September 23, HRC Nucor spot price increased by $10/t – to $730 per short ton

It is expected that the market will accept an increase to the level of $720/t

During this period, HRC spot prices increased by $40/t

Weak prices for steel products continue to put pressure on the company's performance

The decline in prices is a consequence of the slowdown in demand

Cliffs maintains a positive outlook for the second quarter

Every Monday, the company will inform customers of spot prices for its products, which will be valid until the following week

The companies concluded a long-term agreement

The company's board of directors approved the allocation of funds for construction

The new goal of the company is more ambitious than the previous one from 2021