Questions remain for beam market after cuts

Apr 12, 2013 | 05:39 PM | Frank Haflich

Tags  steel beams, beam prices, Nucor-Yamato, Gerdau Long Steel North America, SDI, Nucor, scrap, shredded scrap Frank Haflich

LOS ANGELES — The U.S. steel beam market remains shrouded in questions, and the next few weeks could determine whether a $20-per-ton reduction is enough to cure this year’s reported price cutting on the product, market sources said.

Nucor-Yamato Steel Co., Blytheville, Ark., led the way this past week in cutting beam prices (, April 11), followed by Tampa, Fla.-based Gerdau Long Steel North America, the Columbia City, Ind.-based Structural and Rail division of Steel Dynamics Inc. (SDI) and Nucor Corp.’s Berkeley, S.C., beam mill.....

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