In a letter to customers Friday, Nucor and Steel Dynamics, Inc. announced they will be increasing prices for most merchant and structural products by $1.50 cwt. ($30/nt or $33/mt), effective immediately.
New US domestic merchant bar prices are as follows:
Shape/Size
|
cwt. | net tons | metric tons |
Flat bar 2 x 1/4”: | $32.65 | $653 | $720 |
Angle 2 x 2 x 1/4”: | $29.80 | $626 | $690 |
Square bar 1”: | $31.25 | $625 | $689 |
Round bar 1”: | $32.70 | $654 | $721 |
Channels standard C 3 x 4.1 | $32.25 | $645 | $711 |