US Nucor announced to remain its long steel prices unchnaged before the Scrap prices being determined. The company has made the second consecutive months that Nucor Steel enacted long steel prices without considering the raw material surcharges. According to the latest scrap price would not effect the decision made from Nucor. In the menatime, On June 5th Wednesday Nucor indicated its rebar, commodity strip steel and structural steel prices would remain stable this month which followed Gerdau North America long steel company's pace of price adjustment on June 3rd.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64829&division=A4
