Effective with July shipments, Nucor's raw materials surcharge (RMS) will be $378 /nt ($18.90 cwt. or $417 /mt), a decrease of $25 /nt ($1.25 cwt. or $27.56 /mt) from June's RMS. Additionally, the company is also increasing its base prices for its merchant bar products by $60 /nt ($3.00 cwt. or $66 /mt), resulting in a $35 /nt ($1.75 cwt. or $38.58 /mt) increase in transaction prices for July shipments.
Published merchant bar prices for July are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$50.45 cwt ($1,112 /mt or $1,009 /nt) |
Flat bars |
|
3/16 x 2": |
$58.15 cwt ($1,282 /mt or $1,163 /nt) |
1/2 x 4": |
$50.65 cwt ($1,117 /mt or $1,013 /nt) |
Square bar |
|
1": |
$52.40 cwt ($1,155 /mt or $1,048 /nt) |
Round bar |
|
1": |
$51.85 cwt ($1,143 /mt or $1,037 /nt) |
Channels |
|
3 x 3.5: |
$52.40 cwt ($1,155 /mt or $1,048 /nt) |
Prices above include RMS and are effective to customers.
May RMS: |
$19.65 cwt. ($433 /mt or $393 /nt) |
June RMS: |
$20.15 cwt. ($444 /mt or $403 /nt) |
July RMS: |
$18.90 cwt. ($417 /mt or $378 /nt) |