US wide flange beam prices

Due to the drop in shredded scrap prices, Nucor-Yamato Steel has reduced its November raw materials surcharge (RMS) by $15 /nt ($0.75 cwt.) for shipments during the month of December 2006. There will be no change in net transaction prices for the month of December, as Nucor has made a corresponding upward adjustment in base prices. The published prices for US wide flange beams effective for December are as follows: ASTM A992 W10 x 10 88-112 $33.25 cwt. ($665 /nt or $733 /mt) W18 x 6 35-46 $33.50 cwt. ($670 /nt or $739 /mt) W24 x 7 55-62 $33.50 cwt. ($670 /nt or $739 /mt) The above prices are ex-mill, effective to customers and include the RMS. October RMS: $4.40 cwt. ($88 /nt or $97 /mt) November RMS: $3.65 cwt. ($73 /nt or $80 /mt) December RMS: $2.90 cwt. ($58 /nt or $64 /mt)