As previously reported by SteelOrbis, effective as of January 1, 2009, US wide flange beam (WFB) producer Nucor-Yamato will increase its raw materials surcharge (RMS) by $3.25 cwt. ($72/mt or $65/nt) to $6.90 cwt. ($152/mt or $138/nt); however, it will also decrease its base price by 1.25 cwt. ($28 /mt or $25/nt), resulting in a net transaction price increase of $2.00 cwt. ($44/mt or $40/nt).
Fuel charges effective January 1 will be 17 percent for truck and 15.5 percent for rail.
Published prices for US WFB will as follows:
ASTM A992
Specification |
Price ($/cwt.) |
Price ($/mt) |
Price ($/nt) |
W10 x 10 49-112 mm |
$38.25 cwt. |
$843/mt |
$765/nt |
W18 x 6 35-46 mm |
$38.25 cwt. |
$843/mt |
$765/nt |
W24 x 7 55-62 mm |
$38.25 cwt. |
$843/mt |
$765/nt |
Above prices are ex-mill, effective to customers and include the RMS.
January 1 RMS |
$6.90 cwt. ($152/mt or $138/nt) |
December 1 RMS |
$3.65 cwt. ($80/mt or $73/nt) |
October 15 RMS |
$4.90 cwt. ($108/mt or $98/nt) |