US wide flange beam prices
Due to a slight boost in shredded scrap prices, Nucor-Yamato Steel has increased its December raw materials surcharge (RMS) by $10 /nt ($0.50 cwt.) for shipments effective January 1st, 2007. There will be no change in net transaction prices for the month of January, as Nucor has made a corresponding downward adjustment in base prices. The published prices for US wide flange beams effective for January 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. November RMS: $3.65 cwt. ($73 /nt or $80 /mt) December RMS: $2.90 cwt. ($58 /nt or $64 /mt) January RMS: $3.40 cwt. ($68 /nt or $74 /mt)
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