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Gerdau hikes wire rod products $15/T

Keywords: Tags  Gerdau Long Steel North America, wire rod, steel prices, Nucor, ArcelorMittal USA, Keystone Steel & Wire, Nat Rudarakanchana

NEW YORK — Gerdau Long Steel North America is increasing prices for all wire rod products by $15 per net ton (75 cents per hundredweight) effective with Aug. 1 shipments, the company said in a July 21 letter to customers.

The move by the Tampa, Fla.-based company follows recent wire rod price increases by Charlotte, N.C.-based Nucor Corp., Chicago-based ArcelorMittal USA Inc. and Peoria, Ill.-based Keystone Steel & Wire Co. (, July 18).

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