Effective with shipments beginning April 1, 2008, Nucor's raw materials surcharge (RMS) is $246 /nt ($12.30 cwt. or $271 /mt). Merchant bar transaction prices are up $25 /nt ($1.25 cwt. or $27.56 /mt) for April shipments when compared to March.
Published merchant bar prices for April are as follows:
ASTM A36/A6 | |
Angles | |
2 x 2 x 1/4": | $39.35 cwt ($868 /mt or $787 /nt) |
Flat bars | |
3/16 x 2": | $47.05 cwt ($1,037 /mt or $941 /nt) |
1/2 x 4": | $39.55 cwt ($872 /mt or $791 /nt) |
Square bar | |
1": | $41.30 cwt ($911 /mt or $826 /nt) |
Round bar | |
1": | $40.75 cwt ($898 /mt or $815 /nt) |
Channels | |
3 x 3.5: | $41.30 cwt ($911 /mt or $826 /nt) |
Prices above include RMS and are effective to customers.
April RMS: | $12.30 cwt. ($271 /mt or $246 /nt) |
March RMS: | $11.25 cwt. ($248 /mt or $225 /nt) |
February RMS: | $11.75 cwt. ($259 /mt or $235 /nt) |