Info, Tutorials and How To Guides

Spot US scrap surcharges to fall $25 per short ton

Scrap surcharges used by Nucor and other American steelmakers to determine monthly steel transaction prices are heading down.

Due to a $25 per long ton decline in a benchmark shredded scrap price (from $260 to $235), surcharges on rebar, merchant bar, wide flange beams, light structural’s and plate will likely decline by $25 a short ton for December deliveries.

Leave a Reply

WP Facebook Auto Publish Powered By : XYZScripts.com