Nucor, NLMK USA and AMUSA today announced they would be raising prices for hot rolled coil (HRC), cold rolled coil (CRC) and hot dipped galvanized coil (HDG) by a minimum of $1.50 cwt. ($33/mt or $30/nt) effective with all new orders.
As of this week, current pricing for flat rolled steel is as follows:
HRC: $30-$31 cwt. ($661-$683/mt or $600-$620/nt)
CRC: $38-$40 cwt. ($838-$882/,mt or $760-$800/nt)
Base price HDG: $37-$38 ($816-$838/mt or $740-$760/nt)