It’s reported that Nucor notified its customer that it will raise its scrap surcharges for special bar quality products by US$30/ton, effective from August 1st.
It’s learned that Nucor informed its customer the price rise on July 10th.
After the announcement, its customers will pay US$240/ton of surcharge in August.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65334&division=A4
