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(AMM) Nucor cutting structurals $45/T

June 15, 2010 - 19:39 GMT Location: PITTSBURGH

KEYWORDS: Nucor , merchant bar , structurals

Nucor Corp. is lowering its transaction prices for merchant bars and structural products by $45 per ton effective with June 15 shipments. The reduction in the overall price is the combination of a $5 decrease in the raw materials surcharge and $40 decrease in base prices.

As a result, prices for 2- by 2- by 1/4-inch angles are $38.75 per hundredweight, 3- by 3-...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

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