US Steel, ArcelorMittal USA (AMUSA) and Nucor Sheet Mill Group have announced they will be raising prices on all flat rolled steel products, including hot rolled coil, cold rolled coil and hot dipped galvanized coil.
Nucor will raise flat steel prices by $2.50 cwt. ($55/mt or $50/nt), while US Steel will raise prices by $3.00 cwt. ($66/mt or $60/nt).
AMUSA has set their new base price for HRC at $25.00 cwt. ($551/mt or $500/nt), and $35.00 cwt. ($772/mt or $700/nt) for CRC and HDG coil.