Nucor Bar Mill Group has announced that it will decrease the raw materials surcharge (RMS) applicable to rebar, merchant bar and structural products by $10/nt ($11/mt or $0.50 cwt.) to $225/nt ($248/mt or $11.25 cwt.) for March shipments, while increasing the base prices for these products by $10/nt ($11/mt or $0.50 cwt.).
According to these changes, there will be no change in the transaction prices for rebar, merchant bar and structural products for March shipment.