West Coast flat-roll steel prices stall in Feb.

Jan 11, 2013 | 12:49 PM | Frank Haflich

Tags  steel, flat-rolled, CSI, USS-Posco, Frank Haflich

LOS ANGELES — West Coast prices for flat-rolled steel appear to have leveled out as buyers report they’re not paying any more for February material than they did for January.

"Nobody is seeing the type of demand where they can even think about a price increase," one buyer said of steel mills serving the region.

Neither of the West Coast’s two major flat-rolled producers—California Steel Industries Inc., Fontana, Calif., and USS-Posco Industries Inc., Pittsburg, Calif.—have announced industry-wide price changes, in keeping with their recent months’ policy.....

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