AK Steel, ArcelorMittal and Severstal NA announce flat rolled price increase

Friday, 24 May 2013 01:33:12 (GMT+3)   |   San Diego
       

On Thursday, West Chester, Ohio-based AK Steel announced that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $2.50 cwt. ($55/mt or $50/nt), effective immediately with new orders.

Also Thursday, ArcelorMittal USA and Severstal North America informed customers of new minimum base prices for its flat steel products, rather than announcing an specific price increase. Both mills said that new hot rolled coil (HRC) prices would be $30.50 cwt. ($672/mt or $610/nt) ex-mill and cold rolled coil (CRC) and Galvanized base prices would be $35.50 cwt. ($783/mt or $710/nt) ex-mill.

The moves follow a leading move from US Steel on Wednesday.


Similar articles

Romania’s sole flats mill cuts HRC prices, raises HDG and PPGI prices

22 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 12, 2024

21 Mar | Flats and Slab

US HRC prices still ticking downward, prices expected to bottom this month

15 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 11, 2024

14 Mar | Flats and Slab

Baosteel keeps local HRC prices stable for April

12 Mar | Flats and Slab

US flats mills take primes down $60-$70/gt, announce HRC price increase

08 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 10, 2024

07 Mar | Flats and Slab

US HRC, CRC and HDG coil prices maintain their downtrend

01 Mar | Flats and Slab

Flat steel prices in local Taiwanese market - week 9, 2024

29 Feb | Flats and Slab

Romanian flat steel prices stable despite slow trade

23 Feb | Flats and Slab