UPI lifts sheet prices; CSI closes May books

Apr 07, 2014 | 06:24 PM | Frank Haflich

Tags  steel, USS-Posco Industries, UPI, California Steel Industris, CSI, steel prices, hot-rolled sheet, cold-rolled sheet Frank Haflich

LOS ANGELES — A new round of flat-rolled steel price increases has been launched on the West Coast, with USS-Posco Industries Inc. (UPI) announcing a $30-per-ton increase while a second mill said its May order book has been closed.

UPI, one of the region’s major producers, has notified customers it raised its base price by $30 per ton on hot-rolled pickled and oiled, cold-rolled annealed and galvanized sheet April 4. The Pittsburg, Calif.-based producer said cold-rolled and hot-rolled pickled and oiled....

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