Nucor plan to remain steel longs prices flat in July

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Publish time: 3rd July, 2013      Source: ChinaCCM
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Nucor said on June 28th that it planned to remain its prices for steel long products unchanged for July in spite of higher scrap prices.

According to Nucor's letter to customer, the company decided to remain its prices for reinforcing bars, merchant bars and structural bars unchanged after reviewing business and market condition.

Meanwhile, it's learned that the shredded scraps increased by US$20/long ton from early June to US$390~US$390/long ton on Monday.