2d round of steel plate tag hikes may spur buys
Dec 13, 2011 | 04:36 PM
| Anne Riley
Tags
steel plate,
plate prices,
flat-rolled steel,
Anne Riley,
SSAB Americas,
Svenkst Stahl,
Daniel Miksta
NEW YORK — At least one domestic steel plate producer is set to raise prices another $50 per ton late next month in a move that market players say is intended to attract would-be buyers off the sidelines during a traditionally slow ordering period.
SSAB Americas plans to boost transaction prices for all non-contract carbon and high-strength low-alloy plate products greater than 72 inches wide by a minimum of $50 per ton effective with all orders scheduled to ship on or after Jan. 29, it said in a letter to customers Monday.
The company, a unit of Swedish steelmaker Svenskt Stal AB, also will raise the price of alloy discrete plate, including quench-and-tempered products, by a minimum of $50 per ton on the same date, Daniel L. Miksta, vice president and general sales manager, wrote in the letter.....
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.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here