Effective immediately, Severstal NA has announced the following increase in base transaction prices for all new non-contract orders:
Hot Rolled Bands $37.50/cwt
Cold Rolled $42.50/cwt
Hot Dipped Galvanized $43.50/cwt
Galvalume $44.00/cwt
EG $47.00/cwt
All prices are ex-works.
The increases will apply to all new orders received after April 12, 2010 and has been implemented due to increasing cost for raw materials.