Small sections and merchant bars - U.S. market

Small sections and merchant bars - U.S. market

Last week, leading bar producer Nucor has announced they will raise their transaction prices by $20 /nt ($22.05 /mt or $1.00 cwt.) effective December 1. Current small sections and merchant bar pricing for the week November 21, 2005 are reported as follows:

ASTM A36/A6
Angles
2 x 2 x 1⁄4"  $26.95 cwt. or $594.15/mt, $539.00/nt

Flat Bars
3/16 x 2"     $33.65 cwt. or $741.86/mt, $673.00/nt 
1⁄2 x 4"      $27.65 cwt. or $609.58/mt, $558.00/nt

Square Bar
1"            $28.90 cwt. or $637.14/mt, $578.00/nt

Round Bar
1"            $28.35 cwt. or $625.01/mt, $567.00/nt

Channels
3" x 3.5#     $28.90 cwt. or $637.14/mt, $578.00/nt

Above prices are ex-mill, effective to customers and include raw materials surcharge. November RMS: $3.15 cwt ($63.00 / net ton, $69.45 /metric ton). December RMS $5.15 cwt. ($103.00 /nt or $113.54 /mt)