West Coast flat-rolled prices hold firm

Feb 03, 2014 | 06:20 PM | Frank Haflich

Tags  flat-rolled steel, West Coast, USS-Posco Industries, UPI, California Steel Industries, CSI, steel imports, Frank Haflich

LOS ANGELES — West Coast flat-rolled buyers are seeing no material increase in March prices and little support so far for an April hike.

While import prices have crept up, there’s little to indicate that these limited increases will threaten their competitive position with domestic flat-rolled.

"Importers are trying to get their prices up, and they’ve been successful, but only for 25 to 50 cents per hundredweight ($5 to $10 per ton) at most" from their previous offers, said one distributor, describing the increases as "not significant."....

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