Nucor announced Friday that effective immediately, the Raw Materials Surcharge (RMS) applicable to concrete reinforcing bars, merchant bars and structural products will be $210/nt ($10.50 cwt. or $231/mt), representing a $58/nt ($2.90 cwt. or $64/mt) decrease from the June 1, 2012 surcharge.
Additionally, Nucor will increase the base price for rebar, merchant bar and structural products by $28/nt ($1.40 cwt. or $31/mt). The net effect of this move is that transaction prices for these products will decrease by $30/nt ($1.50 cwt. or $33/mt).
Published prices for merchant bar will now be as follows:
ASTM A36/A6
Product Name |
Specification |
Price ($/cwt) |
Price ($/mt) |
Price ($/nt) |
Angles |
2 x 2 x 1/4" |
$44.55 cwt. |
$982/mt |
$891/nt |
Flat Bars |
3/16 x 2" |
$49.75 cwt. |
$1,107/mt |
$1,005/nt |
1/2 x 4" |
$44.75 cwt. |
$986/mt |
$895/nt |
|
Square Bar |
1" |
$46.50 cwt. |
$1,025/mt |
$930/nt |
Round Bar |
1" |
$45.95 cwt. |
$1,013/mt |
$919/nt |
Channels |
3 x 3.5" |
$46.50 cwt. |
$1,025/mt |
$930/nt |
*Prices above include RMS and are effective to customers.
June 8 RMS |
$10.50 cwt. ($231/mt or $210/nt) |
June 1 RMS |
$13.40 cwt. ($295/mt or $268/nt) |
May 1 RMS |
$13.40 cwt. ($295/mt or $268/nt) |
April 1 RMS |
$13.90 cwt. ($306/mt or $278/nt) |
Feb 10 RMS |
$13.90 cwt. ($306/mt or $278/nt) |