Small sections and merchant bars - U.S. market

Small sections and merchant bars - U.S. market

Small sections and merchant bars for the week September 1, 2005 are reported as follows:

ASTM A36/A6

Angles
2 x 2 x 1/4” $26.95 cwt. or $594.15/mt

Flat Bars
3/16 x 2”    $34.65 cwt. or $763.90/mt
1/2 x 4”     $27.15 cwt. or $598.56/mt

Square Bar
1”           $28.90 cwt. or $637.14/mt

Round Bar
1”           $28.35 cwt. or $625.01/mt

Channel
3” x 3.5#    $28.90 cwt. or $637.14/mt 

All the prices are ex-mill and include a September raw materials surcharge of $3.65 cwt. August raw materials surcharge was zero. Effective September 1, leading merchant bar producer Nucor decreased their base price by $1.40 cwt. ($30.86/mt), in order to pass on only $2.25 cwt ($49.60/mt) effective price increase to their customers.