Merchant bars and small sections prices for the US market

Domestic prices are still holding steady since our last report on February 11. As was announced by Nucor earlier this month, expect to see the raw materials surcharge increase by $25 /nt ($27.56 /mt or $1.25 cwt.) for March, as well as a lowering of the base price to keep effective prices the same. Current small sections and merchant bar pricing for the week of February 20, 2006 are reported as follows: ASTM A36/A6 Angles 2 x 2 x 1/4" $27.95 cwt. ( $616 /mt or $559 /nt) Flat Bars 3/16 x 2" $35.65 cwt. ($786 /mt or $713 /nt) 1/2 x 4" $28.15 cwt. ($620 /mt or $563 /nt) Square Bar 1" $29.90 cwt. ($659 /mt or $598 /nt) Round Bar 1" $29.35 cwt. ($647 /mt or $587 /nt) Channels 3" x 3.5 $29.90 cwt.($659 /mt or $598 /nt) Above prices are ex-mill, effective to customers and include the raw materials surcharge. Effective charges will remain the same throughout February. January RMS $4.40 cwt. ($88 /nt or $97 /mt) February RMS $3.15 cwt. ($63 /nt or $69 /mt) March RMS $4.40 cwt. ($88 /nt or $97 /mt)