Effective with shipments September 1, 2010, Nucor Bar Mill Group's Raw Materials Surcharge (RMS) applicable to concrete reinforcing bars, merchant bar and structural products will be $180/nt ($9.00 cwt. or $198/mt), reflecting an increase of $32/nt ($1.60 cwt. or $35/mt) when compared to our July 13, 2010 surcharge.
Additionally, the company will decrease the base price for concrete reinforcing bar, merchant bar and structural products by $7/nt ($0.35 cwt. or $8/mt). The net effect of this move is that transaction pricing for concrete reinforcing bars, merchant bar and structural products will increase by $25/nt ($1.25 cwt. or $28/mt).
Published prices for merchant bar will be as follows (ASTM A36/A6):
Product Name |
Specification |
Price ($/cwt) |
Price ($/mt) |
Price ($/nt) |
Angles |
2 x 2 x 1/4" |
$38.30 cwt. |
$845/mt |
$766/nt |
Flat Bars |
3/16 x 2" |
$43.50 cwt. |
$960/mt |
$870/nt |
1/2 x 4" |
$38.50 cwt. |
$849/mt |
$770/nt |
|
Square Bar |
1" |
$40.25 cwt. |
$888/mt |
$805/nt |
Round Bar |
1" |
$39.70 cwt. |
$876/mt |
$794/nt |
Channels |
3 x 3.5" |
$40.25 cwt. |
$888/mt |
$805/nt |
Prices above include RMS and are effective to customers.
August 11 RMS |
$9.00 cwt. ($198/mt or $180/nt) |
July 13 RMS |
$7.40 cwt. ($163/mt or $148/nt) |
June 15 RMS |
$9.40 cwt. ($207/mt or $188/nt) |