W. Coast mills hike flat-rolled steel prices

Feb 14, 2013 | 05:22 PM | Frank Haflich

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

LOS ANGELES — Demand for flat-rolled steel remains unspectacular but nevertheless consistent on the West Coast as mills continue to push for price increases.

Service centers in particular described their traffic as "slow but steady." For many of them, that’s an improvement over a market in which demand had been lagging badly in recent months.

Both of the region’s major flat-rolled producers announced price hikes effective Jan. 24. California Steel Industries Inc. (CSI), Fontana, Calif., boosted cold-rolled and galvanized sheet by $45 per ton ($2.25 per hundredweight) and hot-rolled by $30 per ton ($1.50 per cwt), while USS-Posco Industries Inc., Pittsburg, Calif., boosted tags on cold-rolled, galvanized and pickled and oiled sheet by $45 per ton. ....

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