US flat rolled producer Nucor Sheet Mill Group informed contract customers Monday that its September 2009 Raw Material Surcharge for flat rolled products, based on US benchmark busheling scrap prices, will rise by $0.50 cwt. ($11/mt or $10/nt) from the August RMS.
Nucor's new RMS applicable to contract sheet orders will be $145/nt ($160/mt or $7.25 cwt.) and will be applied to all orders with a scheduled delivery date for the week ending September 5, through October 3, 2009.
Nucor Sheet Mill Group announces September RMS
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