SDI, Gerdau follow $25/t SBQ price hike

摘要

Steel Dynamics Inc (SDI) and Gerdau both announced a $25-per- ton ($1.25-per-hundredweight) increase in special bar quality (SBQ) steel base prices on Tuesday December 1. The moves come on the heels of an announcement by Nucor Corp late on Sunday that it was raising base prices by the same amount for all carbon and alloy SBQ products in sizes of 4-in or less effective November 30.