NEW YORK Steel Dynamics
Inc.s (SDIs) Roanoke Bar division has raised prices
for all its products by $25 per ton ($1.25 per hundredweight)
effective with April 1 shipments, the company said in a March
13 letter to customers.
The increase comes one day after Nucor Corp. raised its
prices for steel reinforcing bar, merchant bar and structural
products by $25 per ton, based on a $35-per-ton increase in
AMMs consumer buying price for shredded
automotive scrap in Chicago. Gerdau Long Steel North America
also increased its rebar prices by $25 per ton (
amm.com, March 13).