US Steel today announced it would be raising prices for all new flat rolled steel orders by a minimum of $1.50 cwt. ($33/mt or $30/nt), effective immediately. US Steel further indicated that the increase is “also applicable to all open quotations and/or negotiations when an agreement is yet to be concluded.”
US Steel did not set new minimum base pricing for HRC, CRC or HDG coil in the announcement.
It's not immediately clear whether other US-based flat rolled steelmakers will announce in solidarity.