Steel Products
December 11, 2017
USS-POSCO Joins Rivals Up $30 Per Ton
Written by Tim Triplett
USS-POSCO is the latest flat roll mill to announce a price increase. In a letter to customers today, the mill said that, effective immediately, it is raising base prices on all sheet products by a minimum of the following: Hot Rolled P&O, $30 per net ton; Cold Rolled, $30 per net ton; and Galvanized, $30.00 per net ton. Published extras will continue to apply.
The scale and the terms of POSCO’s announcement match the $30 price hikes by the other major mills last week, including Nucor, ArcelorMittal, California Steel Industries, U.S. Steel and NLMK.
