U.S. light vehicle sales saw a slight increase in December but were below year-ago levels for the third straight month. December light vehicle sales came in at a 15.9 million unit rate, up from the 15.8 million unit rate in November but down from the 16.9 million unit rate last December.
In the middle of the week, Nucor announced a minimum base price increase for galvanized steel products. The new minimum base price is now $1,050/ton ($52.50/cwt) for all producing mills, except CSI, where the minimum base price will be $1,100/ton ($55/cwt). Nucor cited modest inventory levels for galvanized steel products in the supply chain, increased production costs, as well as resilient demand – demand that is expected to strengthen with continued reshoring of manufacturing in 2026.
In the middle of the week, Nucor announced a minimum base price increase for galvanized steel products. The new minimum base price is now $1,050/ton ($52.50/cwt) for all producing mills, except CSI, where the minimum base price will be $1,100/ton ($55/cwt). Nucor cited modest inventory levels for galvanized steel products in the supply chain, increased production costs, as well as resilient demand – demand that is expected to strengthen with continued reshoring of manufacturing in 2026.
