Effective with July shipments, Nucor's raw materials surcharge (RMS) will be $378 /nt ($18.90 cwt. or $417 /mt), a decrease of $25 /nt ($1.25 cwt. or $27.56 /mt) from June's RMS. Additionally, the company is also increasing its base prices for its merchant bar products by $60 /nt ($3.00 cwt. or $66 /mt), resulting in a $35 /nt ($1.75 cwt. or $38.58 /mt) increase in transaction prices for July shipments.
Published merchant bar prices for July are as follows:
ASTM A36/A6 | |
Angles | |
2 x 2 x 1/4": | $50.45 cwt ($1,112 /mt or $1,009 /nt) |
Flat bars | |
3/16 x 2": | $58.15 cwt ($1,282 /mt or $1,163 /nt) |
1/2 x 4": | $50.65 cwt ($1,117 /mt or $1,013 /nt) |
Square bar | |
1": | $52.40 cwt ($1,155 /mt or $1,048 /nt) |
Round bar | |
1": | $51.85 cwt ($1,143 /mt or $1,037 /nt) |
Channels | |
3 x 3.5: | $52.40 cwt ($1,155 /mt or $1,048 /nt) |
Prices above include RMS and are effective to customers.
May RMS: | $19.65 cwt. ($433 /mt or $393 /nt) |
June RMS: | $20.15 cwt. ($444 /mt or $403 /nt) |
July RMS: | $18.90 cwt. ($417 /mt or $378 /nt) |