UPI launches W. Coast flat-roll price increase

Aug 09, 2013 | 07:00 PM | Frank Haflich

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

LOS ANGELES — USS-Posco Industries Inc. (UPI) has kicked off the latest round of flat-rolled steel hikes on the West Coast amid what appears to be growing caution among mills and buyers. Pittsburg, Calif.-based UPI told customers it would raise hot-rolled pickled and oiled, cold-rolled and galvanized sheet prices by $20 per ton ($1 per hundredweight) effective Aug. 7, market sources said. Although steelmakers east of the Rockies had launched the latest round of hikes in July, UPI’s announcement was the first increase in this part of the....

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