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Gerdau raising wire rod product prices

Keywords: Tags  steel, Gerdau Long Steel North America, wire rod, price increase, Nucor, Thorsten Schier

NEW YORK — Gerdau Long Steel North America is increasing its wire rod product prices by $20 per ton ($1 per hundredweight) effective with shipments May 1, it said in an April 8 letter to customers.

The move followed an announcement by Charlotte, N.C.-based Nucor Corp. that it was increasing wire rod prices by $20 per ton effective with shipments May 1 (, April 8).

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