Nucor Decreases Rebar Prices

Nucor to decrease rebar prices  – Nucor has announced to cut rebar price by US$130/short ton for those shipments from October 13.

In the official notice on October 10, Nucor indicated the price cut is contributed to the downturn of the raw material surcharge for scrap metal.

Nucor had brought down the rebar price by US$30/ton on August 13 and US$70/ton on September 10 separately.

Source www.yieh.com

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