More US steel mills follow sheet hikes

Jun 14, 2013 | 04:27 PM | Catherine Ngai

Tags  steel sheet, prices, NLMK USA, U.S. Steel, AK Steel, ArcelorMittal USA, steel, hot-rolled coil Catherine Ngai

NEW YORK — More domestic steel mills are said to have increased base prices on sheet products in a move sources predict will help bring in buyers off the sidelines.

Portage, Ind.-based NLMK USA is increasing base prices for all steel sheet products by $30 per ton effective immediately, the company told customers in a June 14 letter, citing improved demand and extended lead times.....

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