Effective with shipments as of April 12, 2007, Nucor has lowered its raw material surcharge (RMS) applicable to merchant bar and small sections to $7.90 cwt. ($174 /mt or $158 /nt), and has increased merchant bar and small section base prices by $1.00 cwt. ($22 /mt or $2.00 cwt.). The net result of these moves is an immediate decrease of $1.25 cwt. ($28 /mt or $25 /nt) in transaction prices for these products. Merchant bar prices for the remainder of April are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$33.35 cwt. |
Flat Bars |
|
3/16 x 2": |
$41.05 cwt |
1/2 x 4": |
$33.55 cwt. |
Square Bar |
|
1": |
$35.30 cwt. |
Round Bar |
|
1": |
$34.75 cwt. |
Channels |
|
3" x 3.5: |
$35.30 cwt. |
Prices above include the RMS and are effective to customers.
April 12 RMS: |
$7.90 ($174 /mt or $158 /nt) |
April RMS: |
$10.15 cwt. ($224 /mt or $203 /nt) |
March RMS: |
$6.65 cwt. ($147 /mt or $133 /nt) |