Effective with shipments September 10, 2008, Nucor's raw materials surcharge (RMS) is $213 /nt ($10.65 cwt. or $235 /mt), a decrease of $171 /nt ($8.55 cwt. or $189 /mt) from the company's RMS effective August 13, 2008. The company's base prices for merchant bar products have increased by $121 /nt ($6.05 cwt. or $133 /mt), resulting in a $50 /nt ($2.50 cwt. or $55 /mt) decrease in transaction prices for shipments beginning September 10, 2008.
Published prices are as follows:
ASTM A36/A6 | |
Angles | |
2 x 2 x 1/4": | $49.70 cwt ($1,096 /mt or $944 /nt) |
Flat bars | |
3/16 x 2": | $57.40 cwt ($1,265 /mt or $1,148 /nt) |
1/2 x 4": | $49.90 cwt ($1,100 /mt or $998 /nt) |
Square bar | |
1": | $51.65 cwt ($1,139 /mt or $1,033 /nt) |
Round bar | |
1": | $51.10 cwt ($1,127 /mt or $1,022 /nt) |
Channels | |
3 x 3.5: | $51.65 cwt ($1,139 /mt or $1,033 /nt) |
Prices above include RMS and are effective to customers.
August 1 RMS: | $22.15 cwt. ($488 /mt or $443 /nt) |
August 13 RMS: | $19.20 cwt. ($423 /mt or $384 /nt) |
September RMS: | $10.65 cwt. ($235 /mt or $213 /nt) |