NEW YORK Gerdau
Long Steel North America has increased its price on all wire
rod products by $30 per ton ($1.50 per hundredweight) effective
Nov. 4, the company said in a Nov. 1 letter to customers.
The company said all
confirmed orders would be price protected if shipped by Nov.
The move follows a $20 per ton price increase by Nucor Corp.
last week (
amm.com, Oct. 22) .