After Steel Dynamic Inc. announced Wednesday an immediate $80/nt ($88/mt or $4.00 cwt.) transaction price decrease in wide flange beams (WFB), Gerdau Long Steel North America and Nucor-Yamato both followed with identical announcements of their own. While Gerdau attributed the move to "recent changes in the market" and the "continued threat of imports," Nucor-Yamato bluntly stated that the move is a "direct response to the price announcement by domestic competition."
Steel Dynamics and Gerdau do not offer public price lists, but Nucor-Yamato does. Effective immediately, Nucor-Yamato's WFB prices will be as follows:
ASTM A992
Specification |
Price ($/cwt.) |
Price ($/mt) |
Price ($/nt) |
W10 x 10 49-112 mm |
$41.00 cwt. |
$904/mt |
$820/nt |
W18 x 6 35-46 mm |
$41.00 cwt. |
$904/mt |
$820/nt |
W24 x 7 55-62 mm |
$41.00 cwt. |
$904/mt |
$820/nt |