West Coast flat-rolled steel prices move up

Dec 10, 2012 | 05:09 PM | Frank Haflich

Tags  steel, flat-rolled steel, West Coast, California Steel Industries, USS-Posco, West Coast flat-rolled steel prices, Frank Haflich

LOS ANGELES — Flat-rolled steel prices are moving up on the West Coast, but a number of buyers remain hesitant. The latest domestic hot-rolled coil prices in the market are estimated at $34 to $35 per hundredweight ($680 to $700 per ton), approximately $1.75 to $2.25 per cwt above what many buyers were paying before the latest series of price-hike attempts began. California Steel Industries Inc. (CSI), Fontana, Calif., notified customers last week it had....

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