Small sections and merchant bars - US market

Small sections and merchant bars - US market

US small sections and merchant bars for the week May 9, 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 $1.65 cwt. ($36.38/mt) current scrap surcharge, a decrease from last weeks scrap surcharge of $5.15 cwt. ($113.54/mt). The above merchant bar prices also reflect a $1.50 cwt ($33.07 /mt) effective price decrease from our last report of May 5, 2005.