Steel Mills
August 14, 2018
ArcelorMittal Hikes CR & Coated by $30
Written by Tim Triplett
Mills historically have enjoyed a healthy price premium for cold rolled and galvanized products over hot rolled, at times reaching as high as $220 per ton. More recently, due to the tight supplies of hot rolled, the differential has dipped as low as $80 per ton, prompting at least one mill to act.
ArcelorMittal USA notified customers today of a $30 per ton price increase on its tandem-mill-produced sheet products. The announcement affects cold rolled, hot-dipped galvanized, Galvalume and electrogalvanized sheet, effective immediately on all new orders and recent quotes that have not been accepted with AMUSA or AMNS Calvert.
