Effective with shipments October 13, 2008, Nucor's raw materials surcharge (RMS) is $83 /nt ($4.15 cwt. or $91 /mt), a decrease of $130 /nt ($6.50 cwt. or $143 /mt) from the company's previously announced RMS. The company's base prices for merchant bar products have increased by $50 /nt ($2.50 cwt. or $55 /mt), resulting in a $80 /nt ($4.00 cwt. or $88 /mt) decrease in transaction prices for shipments beginning October 13, 2008.
Published prices are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$45.70 cwt ($1,008 /mt or $914 /nt) |
Flat bars |
|
3/16 x 2": |
$53.40 cwt ($1,177 /mt or $1,068 /nt) |
1/2 x 4": |
$45.90 cwt ($1,012 /mt or $918 /nt) |
Square bar |
|
1": |
$47.65 cwt ($1,051 /mt or $953 /nt) |
Round bar |
|
1": |
$47.10 cwt ($1,038 /mt or $942 /nt) |
Channels |
|
3 x 3.5: |
$47.65 cwt ($1,051 /mt or $953 /nt) |
Prices above include RMS and are effective to customers.
August 13, 2008 RMS: |
$19.20 cwt. ($423 /mt or $384 /nt) |
September 10, 2008 RMS: |
$10.65 cwt. ($235 /mt or $213 /nt) |
October 13, 2008 RMS |
$4.15 cwt. ($83 /mt or $91 /nt) |