Nucor-Yamato follows scrap uptrend with $50/nt WFB increase

Friday, 10 August 2012 23:37:33 (GMT+3)   |  

Nucor-Yamato announced late Wednesday that effective with shipments as of September 1, 2012, the Raw Materials Surcharge (RMS) applicable to wide flange beam products will be $248/nt ($12.40 cwt. or $273/mt), representing an $83/nt ($4.15 cwt. or $91/mt) increase from the July 17, 2012 surcharge.

Further, Nucor-Yamato will decrease the base price for wide flange beam products by $33/nt ($1.65 cwt. or $36/mt). The net effect of this move is that transaction prices for beams will increase by $50/nt ($2.50 cwt. or $55/mt).

Effective with shipments as of September 1, Nucor-Yamato's WFB prices will be as follows:

ASTM A992

 

Specification

Price ($/cwt.)

Price ($/mt)

Price ($/nt)

W10 x 10  49-112 mm

$39.50 cwt.

$871/mt

$790/nt 

W18 x  6 35-46 mm

$39.50 cwt.

$871/mt

$790/nt 

W24 x 7  55-62 mm

$39.50 cwt.

$871/mt

$790/nt 


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