West Coast steel mills setting flat-rolled price hikes for February
Dec 16, 2009 | 11:01 AM
| Frank Haflich
A new round of price increases on flat-rolled carbon steel has been launched on the West Coast, but the region's two mills are skipping January and going straight to February amid buyer expectations of higher tags at least through the first quarter.
USS-Posco Industries (UPI), Pittsburg, Calif., has told customers that it will increase base prices on cold-rolled sheet by $40 per ton and on galvanized sheet by $50 per ton effective with new orders for shipment starting Feb. 1.
California Steel Industries Inc. (CSI), Fontana, Calif., hasn't formally announced a new across-the-board set of prices to the trade, but instead is notifying individual customers of February price hikes ranging from $20 to $30 per ton on hot-rolled coil and $40 to $50 per ton or more for galvanized, according to marketplace sources. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.