Steel Mills
October 11, 2018
Mills Raise Flat Rolled Prices by $40 Per Ton
Written by Tim Triplett
On the heels of the price hike announced by Nucor yesterday, the other major sheet mills followed suit today raising spot prices on flat rolled steel products by $40 per net ton. Customers were notified of the increase by ArcelorMittal USA, U.S. Steel, California Steel Industries and USS-POSCO Industries.
California Steel Industries told customers it is increasing transaction prices by a minimum of $40 per ton on hot rolled, P&O, cold rolled and galvanized steel products. The prices are effective immediately on all orders unless a firm price has been previously quoted and confirmed, the company said.
