In a letter to customers today, California Steel Industries announced a price increase for all flats products, at the following amounts:
- HRC: up $2.50 cwt. ($55/mt or $50/nt)
- CRC: up $3.00 cwt. ($66/mt or $60/nt)
- HDG: up $2.50 cwt. ($55/mt or $50/nt)
- Pickled & Oiled: up $2.50 cwt. ($55/mt or $50/nt)
The increases are effective with orders placed for October shipment and later.