CSI moves to boost flat-rolled prices
Mar 01, 2013 | 04:45 PM
| Frank Haflich
LOS ANGELES An increase in West Coast flat-rolled steel prices appears more and more likely, although plenty of skeptics remain unconvinced of the possibility.
Fontana, Calif.-based California Steel Industries Inc. (CSI) told customers this past week that it was boosting prices by $30 per ton on hot-rolled and hot-rolled pickled and oiled sheet and $50 per ton on cold-rolled and galvanized sheet, effective Feb. 28, according to market sources.
While Pittsburg, Calif.-based USS-Posco Industries Inc. hadnt announced its own increase by March 1, most buyers expect CSIs chief rival to follow the increases.....
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