Effective with shipments January 1, 2009, Nucor Bar Mill Group's raw materials surcharge (RMS) for merchant bars is $70 /nt ($3.50 cwt. or $77 /mt), reflecting an increase of $70 /nt ($3.50 cwt. or $77 /mt) from the company's previously announced RMS on November 6. Nucor has also decreased its base price for merchant bars by $70 /nt ($3.50 cwt. or $77 /mt), resulting in net transaction merchant bar and small section prices remaining unchanged from December.
Published prices for January are as follows:
ASTM A36/A6 |
|
Angles |
|
2 x 2 x 1/4": |
$41.55 cwt. ($916 /mt or $831 /nt) |
Flat bars |
|
3/16 x 2": |
$49.25 cwt. ($1,086 /mt or $905 /nt) |
1/2 x 4": |
$41.75 cwt. ($920 /mt or $835 /nt) |
Square bar |
|
1": |
$43.50 cwt. ($959 /mt or $870 /nt) |
Round bar |
|
1": |
$42.95 cwt. ($947 /mt or $859 /nt) |
Channels |
|
3 x 3.5: |
$43.50 cwt. ($959 /mt or $870 /nt) |
Prices above include RMS and are effective to customers.
October 16 through November 5 RMS |
$4.15 cwt. ($91 /mt or $83 /nt) |
November 6 through December 31 RMS |
$0.00 cwt. ($0 /mt or $0 /nt) |
January RMS |
RMS: $3.50 cwt. ($77/m tor $70/nt) |