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Kallanish Kallanish

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January, 24th 2021

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NOV 20
18:51

Nucor lifts tubular base prices

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US steel producer Nucor is lifting its base prices for non-contract tubular products by $75/short ton, Kallanish learns from a customer letter. 

The increase is effective immediately for all hollow structural sections, pipe, mechanical and piling products. 

Nucor attributes the increase to “rising raw material costs, strong demand, and [the] volatility of transportation costs.”

Extant orders will be price-protected through 18 December.