US wide flange beam (WFB) producer Nucor-Yamato provided an updated price list to customers on Wednesday, in order to address competitive pricing. While the company did not mention a specific price decrease, according to the updated price list, the company has decreased its net transaction prices by $2.00 cwt. ($44/mt or $40/nt), while withdrawing its price increase of $2.00 cwt. ($44/mt or $40/nt), which was to be effective February 1. The company states that the new listed transaction prices will remain in effect through February 28. Furthermore, the letter states that they will provide a March pricing announcement no later than by the third Monday in February.
Fuel charges effective February 1 will be 17 percent for truck and 15 percent for rail.
Published prices for US WFB are currently as follows:
ASTM A992
Specification |
Price ($/cwt.) |
Price ($/mt) |
Price ($/nt) |
W10 x 10 49-112 mm |
$36.00 cwt. |
$794/mt |
$720/nt |
W18 x 6 35-46 mm |
$36.00 cwt. |
$794/mt |
$720/nt |
W24 x 7 55-62 mm |
$36.00 cwt. |
$794/mt |
$720/nt |