Effective with shipments as of February 17, 2009, Nucor Bar Mill Group's raw materials surcharge (RMS) for long products is $48 /nt ($2.40 cwt. or $53 /mt), reflecting a decrease of $30 /nt ($1.50 cwt. or $33 /mt) from the company's February RMS. Nucor will leave base prices for merchant bars unchanged, resulting in a $30 /nt ($1.50 cwt. or $33 /mt) decrease in net transaction prices for merchant bar and small sections.
Published prices are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$40.05 cwt. ($883 /mt or $801 /nt) |
Flat bars |
|
3/16 x 2": |
$45.25 cwt. ($998 /mt or $905 /nt) |
1/2 x 4": |
$40.25 cwt. ($887 /mt or $805 /nt) |
Square bar |
|
1": |
$42.00 cwt. ($926 /mt or $840 /nt) |
Round bar |
|
1": |
$41.45 cwt. ($914 /mt or $829 /nt) |
Channels |
|
3 x 3.5: |
$42.00 cwt. ($926 /mt or $840 /nt) |
Prices above include RMS and are effective to customers.
February 17 RMS |
$2.40 cwt. ($53 /mt or $48 /nt) |
February 1 through February 16 RMS |
$3.90 cwt. ($86 /mt or $78 /nt) |
January RMS |
$3.50 cwt. ($77 /mt or $70 /nt) |