Nucor announces long product increases

Nucor this week announced price increases for its key product lines: rebar, merchant bar, and wide flange beams. Rebar transaction prices will go up by $15 /nt ($0.75 cwt. or $16.50 /mt), effective for May shipments. Transaction prices for both merchant bars and wide flange beams will increase by $20 /nt ($1.00 cwt. or $22 /mt).