Nucor-Yamato, Nucor keep beam prices flat
Jan 11, 2013 | 05:12 PM
| Frank Haflich
Tags
steel,
structurals,
wide-flange beams,
Nucor-Yamato,
Nucor Berkeley,
Frank Haflich
LOS ANGELES — Published prices for wide-flange beams and other large structural steel products appear likely to hold for the third month in a row as two major producers are leaving tags unchanged for February.
Nucor-Yamato Steel Co., Blytheville, Ark., and Nucor Corp.’s Berkeley, N.C., beam mill have both notified customers that they will not change either their raw material surcharges or published transaction prices next month.
The decision to hold prices steady comes after AMM left the consumer buying price for shredded automotive scrap in the Chicago market—a key component in Nucor’s surcharges—unchanged at $386 per ton (amm.com, Jan. 7).....
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