In letters to customers, Nucor and Steel Dynamics, Inc. announced a $1.50 cwt. ($33/mt or $30/nt) price increase for merchant bar products, effective with all new orders as of Sept. 14, 2020.
US domestic merchant bar list prices will now be as follows:
Shape/Size | cwt. | net tons | metric tons |
Flat bar 2 x 1/4”: | $36.65 | $733 | $808 |
Angle 2 x 2 x 1/4”: | $35.30 | $706 | $778 |
Square bar 1”: | $35.25 | $705 | $777 |
Round bar 1”: | $36.70 | $734 | $809 |
Channels standard C 3 x 4.1 | $36.25 | $725 | $799 |