Small sections and merchant bars - U.S. market
Leading bar producer Nucor increased prices $20/nt ($22.05/mt) as of October 1. This price increase was an increase of $40/nt ($44.09/mt) for raw materials surcharge and a decrease of $20/nt ($22.05/mt) of base prices. The effective October raw materials surcharge is now $5.65 cwt ($113/nt, $124.56/mt). Small sections and merchant bars for the week October 3, 2005 are reported as follows:ASTM A36/A6 Angles 2 x 2 x 1⁄4 $27.95 cwt. or $616.19/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 $29.90 cwt. or $659.18/mt Round Bar 1 $29.35 cwt. or $647.06/mt Channel 3 x 3.5# $29.90 cwt. or $659.18/mtAll the above prices are ex-mill and include the raw materials surcharge. The September raw materials surcharge was $3.65 cwt. ($73/nt, $80.47/mt).