It’s reported that Nucor announced to raise its prices for steel wires by US$30/short ton, effective from December 1st, after the major long product manufacturers Gerdau, Keystone and ArcelorMittlal hiked prices. Meanwhile, it’s learned that Nucor had ever announced to increase steel wire prices by US$20/short ton on October 21st.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67147&division=A4