Steel: Nucor and Dofasco raise sheet metal prices

North American steel mills Nucor and ArcelorMittal Dofasco have raised plate prices. Electric arc furnace (EAF) steel producer Nucor, one of the largest, raised its price by $60/ton yesterday due to new orders. Market participants had been waiting for Nucor to announce its price increase after Cleveland-Cliffs and US Steel raised prices earlier in the […]