Small sections and merchant bars - US market

Small sections and merchant bars - US market

Small sections and merchant bars for the week June 27, 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 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.