Small sections and merchant bars - US market
Small sections and merchant bars for the week June 13, 2005 are reported as follows:
ASTM A36/A6
Angles
2 x 2 x ¼ $24.70 cwt or $544.54/mt
Flat Bars
3/16 x 2 $32.40 cwt or $714.30/mt
½ x 4 $24.90 cwt or $548.95/mt
Square Bar
1 $26.65 cwt or $587.53/mt
Round Bar
1 $26.10 cwt or $575.41/mt
Channel
3 x 3.5# $26.65 cwt or $587.53/mt
Above prices are ex mill and include an updated $0 cwt. current raw materials surcharge.
Nucor last week eliminated the previous 1.65 cwt ($36.38/mt) raw materials surcharge but raised their base prices by the same amount. Thus the effective price remains the same from when the surcharge was in place.