In a letter to customers Monday, Steel Dynamics said it will raise prices for merchant and structural products by $1.50 cwt. ($33/mt or $30/nt), effective with all new orders. The announcement follows a similar one by Nucor late last week.
Published list prices for US domestic merchant bar are now as follows:
| Shape/Size | cwt. | net tons | metric tons |
| Flat bar 2 x 1/4”: | $38.65 | $773 | $852 |
| Angle 2 x 2 x 1/4”: | $35.80 | $716 | $789 |
| Square bar 1”: | $37.25 | $745 | $821 |
| Round bar 1”: | $38.70 | $774 | $853 |
| Channels standard C 3 x 4.1 | $38.25 | $765 | $843 |