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ArcelorMittal boosts plate $50/T

Keywords: Tags  ArcelorMittal USA, ArcelorMittal, steel plate, carbon plate, Nucor, SSAB Americas, Chris Prentice

NEW YORK — ArcelorMittal USA Inc. has increased published prices for plate products by a minimum of $50 per ton, the company said in a letter to customers dated Nov. 21.

The Chicago-based steelmaker said the increase is effective with all new orders and is in addition to the $50-per-ton increase announced Nov. 7 (, Nov. 7).

Nucor Corp. last week also announced a second round of hikes (, Nov. 21). It followed a leading move by SSAB Americas on Nov. 19 (, Nov. 20).

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