US wide flange beam prices
Due to a boost in shredded scrap prices, Nucor-Yamato Steel has increased its January raw materials surcharge (RMS) by $25 /nt ($1.25 cwt.) for shipments effective from February 1st, 2007. The surcharge for February will be $93 /nt ($4.65 cwt.). Nucor has kept base prices the same, representing an increase in net transaction prices of $25 /nt ($1.25 cwt.). The published prices for US wide flange beams effective for February are as follows: ASTM A992 W10 x 10 88-112 $34.50 cwt. ($690 /nt or $761 /mt) W18 x 6 35-46 $34.75 cwt. ($695 /nt or $766 /mt) W24 x 7 55-62 $34.75 cwt. ($695 /nt or $766 /mt) The above prices are ex-mill, effective to customers and include the RMS. December RMS: $2.90 cwt. ($58 /nt or $64 /mt) January RMS: $3.40 cwt. ($68 /nt or $74 /mt) February RMS: $4.65 cwt. ($93 /nt or $103 /mt)
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