Nucor raises wire rod prices again

Wednesday, 20 December 2023 21:16:46 (GMT+3)   |   San Diego
       

In a letter to customers, Nucor announced that it will be raising wire rod transaction prices by $3.00 cwt. ($66/mt or $60/nt), effective with all new orders.

The move follows Nucor’s mid-November price increase of $1.00 cwt. ($22/mt or $20/nt).

Prior to the announcement, US domestic wire rod spot prices were trending at $40.00-$41.00 cwt. ($882-$904/mt or $800-$820/nt) ex-mill.


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