Effective with shipments beginning October 1, 2008, Nucor-Yamato's raw materials surcharge (RMS) will be $213 /nt ($10.65 cwt. or $235 /mt), a decrease of $171 /nt ($8.55 cwt. or $181 /mt) from the company's September RMS. Nucor will make a corresponding upward adjustment to base prices, leaving net transaction prices unchanged for October shipments.
Published prices for October WFB are as follows:
ASTM A992
W10 x 10 49-112 mm | $57.60 cwt. | ($1,152 /nt or $1,270 /mt) |
W18 x 6 35-46 mm | $57.60 cwt. | ($1,152 /nt or $1,270 /mt) |
W24 x 7 55-62 mm | $57.60 cwt | ($1,152 /nt or $1,270 /mt) |
The above prices are ex-mill, effective to customers and include the RMS.
August RMS: $22.15 cwt. ($488 /mt or $443 /nt)
September RMS: $19.20 cwt. ($423 /mt or $384 /nt)
October RMS: $10.65 cwt. ($235 /mt or $213 /nt)