Effective with shipments January 1, 2010, Nucor Bar Mill Group's Raw Materials Surcharge (RMS) applicable to concrete reinforcing bars, merchant bars and structural products will be $243/nt ($12.15 cwt. or $268/mt), reflecting an increase of $45/nt ($2.25 cwt. or $50/mt) when compared to the surcharge announced November 9.
The net effect of this move is that transaction pricing for reinforcing bars, merchant bars and structural products will increase by $45/nt ($2.25 cwt. or $50/mt).
Published prices for merchant bar will be as follows:
ASTM A36/A6
Product Name |
Specification |
Price ($/cwt) |
Price ($/mt) |
Price ($/nt) |
Angles |
2 x 2 x 1/4" |
$41.05 cwt. |
$906/mt |
$821/nt |
Flat Bars |
3/16 x 2" |
$46.25 cwt. |
$1,021/mt |
$880/nt |
1/2 x 4" |
$41.25 cwt. |
$910/mt |
$825/nt |
|
Square Bar |
1" |
$43.00 cwt. |
$949/mt |
$860/nt |
Round Bar |
1" |
$42.45 cwt. |
$937/mt |
$849/nt |
Channels |
3 x 3.5" |
$43.00 cwt. |
$949/mt |
$860/nt |
Prices above include RMS and are effective to customers.
December 8 RMS |
$12.15 cwt. ($243/mt or $268/nt) |
November 9 RMS |
$9.90 cwt. ($218/mt or $198/nt) |
October 13 RMS |
$8.90 cwt. ($196/mt or $178/nt) |