Small sections and merchant bars - U.S. market

Small sections and merchant bars - U.S. market

Nucor announced this week they are increasing prices $20 per net ton ($22.05 per metric ton) as of October 1. The raw materials surcharge increase will be $40/nt ($44.09/mt) and a base price decrease of $20/nt. The effective October raw materials surcharge will be $5.65 cwt ($113/nt, $124.56/mt). Small sections and merchant bars for the week September 12, 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. ($73/nt, $80.47/mt). August raw materials surcharge was zero.