Nucor, Gerdau hiking rebar prices $10/ton

Jul 28, 2014 | 12:25 PM | Nat Rudarakanchana

Tags  rebar, long products, steel, Nucor, Gerdau, price increase, construction, domestic mills Nat Rudarakanchana

NEW YORK — Nucor Corp. and Gerdau Long Steel North America have raised prices on reinforcing bar products by $10 per ton (50 cents per hundredweight) effective with new orders July 28.

Charlotte, N.C.-based Nucor announced its increase in a July 25 letter to customers, and Tampa, Fla.-based Gerdau followed with a similar letter dated July 28. Both steelmakers said that orders placed before the close of business July 25 will be price protected if shipped before Aug. 25.....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results