Announced to customers Monday, effective for shipments beginning June 1st, 2007, Nucor's RMS will be $5.00 cwt. ($110 /mt or $100 /nt), a $2.90 cwt. ($64 /mt or $58 nt) decrease from May's RMS. Nucor will increase base prices by $2.90 cwt. ($64 /mt or $58 /nt) resulting in no net change in transaction prices for June shipments. Merchant bar prices for June are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$33.35 cwt ($735 /mt or $667 /nt) |
Flat Bars |
|
3/16 x 2": |
$41.05 cwt ($905 /mt or $821 /nt) |
1/2 x 4": |
$33.55 cwt ($740 /mt or $671 /nt) |
Square Bar |
|
1": |
$35.30 cwt ($778 /mt or $706 /nt) |
Round Bar |
|
1": |
$34.75 cwt ($766 /mt or $695 /nt) |
Channels |
|
3" x 3.5: |
$35.30 cwt ($778 /mt or $706 /nt) |
The above prices include RMS and are effective to customers.
April 12 - May RMS: |
$7.90 ($174 /mt or $158 /nt) |
April RMS: |
$10.15 cwt. ($224 /mt or $203 /nt) |
June RMS: |
$5.00 cwt. ($110 /mt or $100 /nt) |