Gerdau drops US domestic merchant bar prices

Monday, 16 September 2019 23:32:06 (GMT+3)   |   San Diego
       

In a letter to customers Monday, Gerdau announced it will decrease the published price on merchant bar products, including angles, channels, flats, rounds and squares, but $1.50 cwt. ($30/nt or $33/mt), effect with shipments as of Sept. 16, 2019.

US domestic merchant bar published prices are now as follows:

Shape/Size cwt. net tons  metric tons 
Flat bar 2 x 1/4”: $35.65   $713 $786
Angle 2 x 2 x 1/4”: $32.80 $656 $723
Square bar 1”: $34.25 $685 $755
Round bar 1”: $35.70 $714 $787
Channels standard C 3 x 4.1   $35.25 $645 $711

 


Most Recent Related Articles

US DOC issues final review results for Mexican wire rod

Deals persist within US wire rod market

US cold finished bar exports down 47 percent in April

US merchant bar imports down 21.1 percent in April

US import wire rod offers similar to position prices