CSI unlikely to join price hike parade: buyers

Aug 14, 2013 | 04:32 PM | Frank Haflich

Tags  California Steel industries, flat-rolled steel, West Coast, steel price hike, steel distributors, USS-Posco Industries, steel imports, steel service centers Frank Haflich

LOS ANGELES — The fate of the latest round of flat-rolled steel price hikes may be in doubt on the West Coast as one of the region’s two major producers has indicated to some buyers that it’s unlikely to implement an increase.

Fontana, Calif.-based California Steel Industries Inc. (CSI) has recently indicated to certain customers not to expect a general price hike on hot-rolled, hot-rolled pickled and oiled, cold-rolled and galvanized sheet in line with most major producers east of the Rockies as well as the other major flat-rolled producer in the West. That producer, Pittsburg, Calif.-based USS-Posco Industries Inc., earlier told customers it....

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