ArcelorMittal lifts plate tags; others seen following

Jun 11, 2014 | 06:41 PM | Michael Cowden

Tags  steel, as-rolled plate products, price increase, ArcelorMittal USA, Dan Mull, SSAB Americas, Michael Cowden

CHICAGO — ArcelorMittal USA LLC has increased prices on as-rolled plate products by a minimum of $30 per ton ($1.50 per hundredweight) and boosted tags on heat-treated plate products by at least $50 per ton ($2.50 per cwt).

The move, applicable to all non-contractual carbon, high-strength low-alloy and specialty plate products, is effective immediately with all new orders, the Chicago-based steelmaker said in a June 11 letter to customers.....

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