Merchant bars and small section prices in the US

Last week, Nucor decided to raise May transaction prices for merchant bars by $20 /nt ($22 /mt or $1.00 cwt.). The increase includes an $8 /nt increase in the Raw Materials Surcharge (RMS) and a $12 /nt increase in the base price. The new transaction prices for merchant bar and small sections, effective May 1, will be as follows:

ASTM A36/A6

Angles
2 x 2 x 1/4": $28.95 cwt. ($638 /mt or $579 /nt)

Flat Bars
3/16 x 2": $36.65 cwt. ($808 /mt or $733 /nt)
1/2 x 4": $29.15 cwt.  ($643 /mt or $583 /nt)

Square Bar
1": $30.90 cwt. ($681 /mt or $618 /nt)

Round Bar
1": $30.35 cwt. ($669 /mt or $607 /nt)

Channels
3" x 3.5: $30.90 cwt. ($681 /mt or $618 /nt)

Above prices are ex-mill, effective to customers and include the RMS. March RMS: $4.40 cwt. ($88 /nt or $97 /mt) April RMS: $4.40 cwt. ($88 /nt or $97 /mt) May RMS: $4.80 cwt. ($96 /nt or $106 /mt)