ArcelorMittal has announced they have set a new, minimum base price for hot rolled coil (
HRC), cold rolled coil (
CRC) and hot dipped
galvanized (HDG) steel, effective immediately.
The new base price for
US HRC has been set at $610/nt whereas the new base price for
CRC and base-price HDG coil has been set at $800/nt.