Effective with June shipments, Nucor's raw materials surcharge (RMS) will be $403 /nt ($20.15 cwt. or $444 /mt), an increase of $10 /nt ($0.50 cwt. or $11 /mt) from May's RMS. Additionally, the company is also increasing its base prices for its merchant bar products by $30 /nt ($1.50 cwt. or $33 /mt), resulting in a $40 /nt ($2.00 cwt. or $44 /mt) increase in transaction prices for June shipments.
Published merchant bar prices for June are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$48.70 cwt ($1,074 /mt or $974 /nt) |
Flat bars |
|
3/16 x 2": |
$56.40 cwt ($1,243 /mt or $1,128 /nt) |
1/2 x 4": |
$48.90 cwt ($1,078 /mt or $978 /nt) |
Square bar |
|
1": |
$50.65 cwt ($1,117 /mt or $1,013 /nt) |
Round bar |
|
1": |
$50.10 cwt ($1,105 /mt or $1,002 /nt) |
Channels |
|
3 x 3.5: |
$50.65 cwt ($1,117 /mt or $1,013 /nt) |
Prices above include RMS and are effective to customers.
April RMS: |
$12.30 cwt. ($271 /mt or $246 /nt) |
May RMS: |
$19.65 cwt. ($433 /mt or $393 /nt) |
June RMS: |
$20.15 cwt. ($444 /mt or $403 /nt) |