Nucor keeps bar pricing stable in January

Nucor Bar Mill Group has announced that pricing for its bar products will not change in January. As of January 1, 2007, Nucor's Raw Materials Surcharge (RMS) for rebar, merchant bar, and structurals will increase by $10 /nt, and base prices for these products will decrease by $10 /nt. The new RMS will be $68 /nt. The net effect of this move is that transaction pricing for rebar, merchant bar, and structural products will remain unchanged in January.