Effective with shipments beginning June 1, 2008, Nucor-Yamato's raw materials surcharge (RMS) will be $403 /nt ($20.15 cwt. or $444 /mt), an increase of $10 /nt ($0.50 cwt. or $11 /mt) from May's RMS. Additionally, the company is also increasing its base prices for wide flange beams by $40 /nt ($2.00 cwt. or $44 /mt), resulting in a $50 /nt ($2.50 cwt. or $55 /mt) increase in transaction prices for June shipments.
Published prices for June WFB are as follows:
ASTM A992
W10 x 10 49-112 mm | $52.85 cwt. | ($1,057 /nt or $1,165 /mt) |
W18 x 6 35-46 mm | $52.85 cwt. | ($1,057 /nt or $1,165 /mt) |
W24 x 7 55-62 mm | $52.85 cwt | ($1,057 /nt or $1,165 /mt) |
The above prices are ex-mill, effective to customers and include the RMS.
April RMS: $12.30 cwt. ($271 /mt or $246 /nt)
May RMS: $19.65 cwt. ($433 /mt or $393 /nt)
June RMS: $20.15 cwt. ($444 /mt or $403 /nt)