Steel Products Prices North America
October 18, 2017
ArcelorMittal Raises Flat Rolled Base Prices
Written by John Packard
ArcelorMittal USA began advising their customers late this evening of their intention to raise flat rolled steel base prices. In an internal memo sent to the ArcelorMittal commercial team the mill advised, “All new opportunities for hot rolled, cold rolled and coated sheet products that require delivery in the 4th Quarter of 2017 should be specifically inquired for production availability before any formal or verbal acceptance of an order takes place.”
The mill then went on and advised that the following “minimum” base prices on sheet products are to be in effect “immediately”:
