Nucor announced late Monday that effective July 17, 2012, the Raw Materials Surcharge (RMS) applicable to concrete reinforcing bars will be $165/nt ($8.25 cwt. or $182/mt), representing a $45/nt ($2.25 cwt. or $50/mt) decrease from the June 8, 2012 surcharge.
Additionally, Nucor will increase the base price for rebar by $25/nt ($1.25 cwt. or $28/mt). The net effect of this move is that transaction prices for will decrease by $20/nt ($1.00 cwt. or $22/mt).
July 17 RMS | $8.25 cwt. ($182/mt or $165/nt) |
June 8 RMS | $10.50 cwt. ($231/mt or $210/nt) |
June 1 RMS | $13.40 cwt. ($295/mt or $268/nt) |
May 1 RMS | $13.40 cwt. ($295/mt or $268/nt) |
April 1 RMS | $13.90 cwt. ($306/mt or $278/nt) |