Nucor announces price increase for rebar, merchant bar and structural products

Friday, 10 June 2011 05:14:58 (GMT+3)   |  
       

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)


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