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13 Oct
21:30

Nucor raises wire rod prices by $40/st

US steel producer Nucor has raised its wire rod prices for new orders, Kallanish learns. According to a letter sent to customers this week, Nucor has announced that the company has raised its base pricing for wire rod by $40/short ton, effective on all new orders. Last month, Nucor announced that the company will be building a new $100 million melt shop at one of its existing longs mills in the western US.
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