Effective with shipments July 1, 2010, Nucor Bar Mill Group's Raw Materials Surcharge (RMS) applicable to concrete reinforcing bars, merchant bars and structural products will be $288/nt ($14.40 cwt. or $317/mt), a $15/nt ($0.75 cwt. or $15/mt) increase from the May 11-applicable surcharge. In addition, the company has increased base prices on all concrete reinforcing bars, merchant bars and structural products by $5/nt ($0.25 cwt. or $6/mt).
The net effect of this move is that transaction pricing for reinforcing bars, merchant bars and structural products will increase by $20/nt ($1.00/cwt or $22/mt).
Published prices for merchant bar will be as follows:
ASTM A36/A6
Product Name | Specification | Price ($/cwt) | Price ($/mt) | Price ($/nt) |
Angles | 2 x 2 x 1/4" | $45.30 cwt. | $999/mt | $906/nt |
Flat Bars | 3/16 x 2" | $50.50 cwt. | $1,124/mt | $1,020/nt |
1/2 x 4" | $45.50 cwt. | $1,003/mt | $910/nt | |
Square Bar | 1" | $47.25 cwt. | $1,042/mt | $945/nt |
Round Bar | 1" | $46.70 cwt. | $1,030/mt | $934/nt |
Channels | 3 x 3.5" | $47.25 cwt. | $1,042/mt | $945/nt |
Prices above include RMS and are effective to customers.
July 1 RMS | $14.40 cwt. ($317/mt or $288/nt) |
May 11 RMS | $13.65 cwt. ($301/mt or $273/nt) |
May 1 RMS | $14.65 cwt. ($323/mt or $293/nt) |
April 1 RMS | $14.65 cwt. ($323/mt or $293/nt) |
March 1 RMS | $14.65 cwt. ($323/mt or $293/nt) |