Merchant bar prices could face February rise
Dec 18, 2006 | 11:36 AM
| Sam Kusic
Merchant bar prices will remain flat heading into the New Year, though buyers might wind up paying a little bit more come February.
Nucor Corp., Charlotte, N.C., which is generally considered the pricing leader, said in a letter to customers that it will increase its scrap surcharge on reinforcing bar and merchant bar by $10 per net ton (50 cents per hundredweight), but will drop the base price by the same amount. The move is effective with Jan. 1 shipments. Other producers are....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.