SSAB Americas announced March 10 that it is raising the transaction price for all non-contract carbon and high strength low alloy plate, alloy discrete plate including quenched and tempered, cut to length plate greater than 72" wide, and hot rolled coil greater than 72" wide by a minimum of $2.00 cwt. ($44/mt or $40/nt).
The announcement applies to all new and existing orders acknowledged for the ship week of April 3, 2011 and beyond, and this increase should be considered in addition to the notification of SSAB Americas' April RMS #2 which will be announced on Tuesday, March 15.
The increase applies to the above products made by SSAB Americas' two US steel mills, as well as product from the company's three North American coil processing lines.
SSAB Americas added that it will also be reinforcing published extras as well.