As SteelOrbis reported on April 9, effective with shipments April 9, 2009, Nucor Bar Mill Group's Raw Materials Surcharge (RMS) for long products is $0 /nt, reflecting a decrease of $23 /nt ($1.15 cwt. or $25 /mt) from the company's April 1 RMS. Furthermore, Nucor decreased its base prices for merchant bars and structural products by $17 /nt ($0.85 cwt. or $19 /mt), resulting in a $40 /nt ($2.00 cwt. or $44 /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": |
$33.05 cwt. ($729 /mt or $661 /nt) |
Flat bars |
|
3/16 x 2": |
$38.25 cwt. ($843 /mt or $765 /nt) |
1/2 x 4": |
$33.25 cwt. ($733 /mt or $665 /nt) |
Square bar |
|
1": |
$35.00 cwt. ($772 /mt or $700 /nt) |
Round bar |
|
1": |
$34.45 cwt. ($760 /mt or $689 /nt) |
Channels |
|
3 x 3.5: |
$35.00 cwt. ($772 /mt or $700 /nt) |
Prices above include RMS and are effective to customers.
April 9 RMS |
$0.00 cwt. |
April 1 through April 8 RMS |
$1.15 cwt. ($25 /mt or $23 /nt) |
February 17 RMS |
$2.40 cwt. ($53 /mt or $48 /nt) |