Effective with shipments beginning April 1, 2008, Nucor's raw materials surcharge (RMS) will be $246 /nt ($12.30 cwt. or $271 /mt), an increase of $21 /nt ($1.05 cwt. or $23 /mt) from March's RMS. In addition, the company will move base prices for merchant bar products up $4 /nt ($0.20 cwt. or $4.41 /mt). The net effect of this move is that merchant bar transaction prices will rise $25 /nt ($1.25 cwt. or $27.56 /mt) for April shipments.
Published merchant bar prices for April are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$39.35 cwt ($868 /mt or $787 /nt) |
Flat bars |
|
3/16 x 2": |
$47.05 cwt ($1,037 /mt or $941 /nt) |
1/2 x 4": |
$39.55 cwt ($872 /mt or $791 /nt) |
Square bar |
|
1": |
$41.30 cwt ($911 /mt or $826 /nt) |
Round bar |
|
1": |
$40.75 cwt ($898 /mt or $815 /nt) |
Channels |
|
3 x 3.5: |
$41.30 cwt ($911 /mt or $826 /nt) |
Prices above include RMS and are effective to customers.
April RMS: |
$12.30 cwt. ($271 /mt or $246 /nt) |
March RMS: |
$11.25 cwt. ($248 /mt or $225 /nt) |
February RMS: |
$11.75 cwt. ($259 /mt or $235 /nt) |