It’s reported that Nucor announced to remain its H beam prices unchanged for July.
The company decided to leave H beam prices flat due to soft demand in domestic market and fierce price competition against cheap imports, in spite of the fact that scrap prices have surged by US$20/long ton currently.
Earlier, Nucor announced to keep its prices for rebar, section and small section steel products unchanged for July.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65237&division=A4
