West Coast flat-rolled prices holding steady
Aug 29, 2013 | 06:23 PM
| Frank Haflich
LOS ANGELES West Coast prices for flat-rolled steel remain steady as one of the regions two major producers continues to hold out on the latest price hike and buyers brace for what is becoming a traditional end-of-year slowdown.
Fontana, Calif.-based California Steel Industries Inc. hasnt yet joined the latest round of industry price hikes on its line of hot-rolled, hot-rolled pickled and oiled, cold-rolled and galvanized sheet, according to market sources (amm.com, Aug. 14). Pittsburg, Calif.-based USS-Posco Industries Inc., CSIs main rival in the region, previously told customers it would raise prices for hot-rolled picked and oiled, cold-rolled and galvanized sheet by $20 per ton effective Aug. 7 (amm.com, Aug.....
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