Gerdau Ameristeel hiking merchant product prices

Dec 21, 2009 | 08:38 AM |

Gerdau Ameristeel Corp. will raise prices on most of its merchant bar products and concrete reinforcing steel by $3.25 per hundredweight ($65 per ton) effective Jan. 11.

The increase is consistent with the $65-per-ton raw material surcharge increase announced by Nucor Corp., Charlotte, N.C., earlier this month, which takes effect Jan. 1 (AMM, Dec. 14).....

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