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Nucor keeps bar, structural product prices flat

Keywords: Tags  Nucor, merchant bars, structural products, scrap, scrap surcharge

NEW YORK — Nucor Corp. has lowered its scrap surcharge on merchant bars and structural products by $22 per ton ($1.10 per hundredweight) and increased its base price for the products by $22 per ton effective immediately, resulting in no net change in transaction prices, the Charlotte, N.C.-based steelmaker said in an April 10 letter to customers.

AMM’s consumer buying price for shredded automotive scrap—used as the basis for Nucor’s raw material surcharge—dropped $22 last week (, April 4).

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