Steel Products Prices North America
July 30, 2019
ArcelorMittal, EVRAZ, SSAB Raise Plate Price by $40
Written by Tim Triplett
Following Nucor’s lead on Friday, ArcelorMittal USA, EVRAZ and SSAB Americas informed customers this week that they are raising the spot price of their plate products by a minimum of $40 per ton ($2/cwt), effective immediately.
ArcelorMittal and EVRAZ informed customers verbally, SMU was told, while SSAB distributed a letter stating that the $40 per ton increase on all new non-contract orders applies to its as-rolled mill plate, cut-to-length plate >72”, hot rolled coils >72”, as well as normalized plate and quenched and tempered plate. “SSAB continues to monitor market conditions in order to better realize the value our products bring to our customers,” the company said.
