Gerdau joins push to boost beam prices

Dec 24, 2013 | 09:11 AM | Frank Haflich

Tags  steel, beams, Gerdau Long Steel North America, Nucor-Yamato Steel, Nucor, Steel Dyamics, price increases, Frank Haflich

LOS ANGELES — Gerdau Long Steel North America has raised beam transaction prices, joining other U.S. mills’ efforts to push the market higher.

While U.S. beam mills have recently indicated their determination to hold onto their recent price increases, it remains to be seen whether the domestic producers can eliminate the discounts that have characterized the U.S. beam market for most of this year, buyers said.....

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