Effective with shipments as of January 1, 2008, Nucor-Yamato's raw materials surcharge (RMS) will be $7.65 cwt. ($153 /nt or $169 /mt). This represents a $1.75 cwt. ($35 /nt or $39 /mt) increase from Nucor's December surcharge. Additionally, Nucor-Yamato will decrease base prices by $0.50 cwt. ($10 /nt or $11 /mt), resulting in a $1.25 cwt. ($25 /nt or $27.56 /mt) increase in net transaction prices for January shipments.
Published prices for January WFB are as follows:
ASTM A992
W10 x 10 49-112 mm | $40.60 cwt. | ($812 /nt or $895 /mt) |
W18 x 6 35-46 mm | $40.60 cwt. | ($812 /nt or $895 /mt) |
W24 x 7 55-62 mm | $40.60 cwt | ($812 /nt or $895 /mt) |
The above prices are ex-mill, effective to customers and include the RMS.
November RMS: $6.65 cwt. ($147 /mt or $133 /nt)
December RMS: $5.90 cwt. ($130 /mt or $118 /nt)
January RMS: $7.65 cwt. ($169 /mt or $153 /nt)