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Kloeckner lifts carbon tags $30/T

Keywords: Tags  steel, price increase, Kloeckner Metals Corp., Heavy carbon group, service center, Catherine Ngai

NEW YORK — Kloeckner Metals Corp.’s heavy carbon group has increased base prices on all products by $30 per ton for April 1 shipments.

The Roswell, Ga.-based service center boosted prices in support of recent hikes by domestic steelmakers, according to an internal letter dated March 22.

"Due to the continuing press of increasing operating costs and our desire to support the recently announced steel producer increases, the heavy carbon group of Kloeckner Metals will implement an across-the-board price increase on all products of $30 per ton effective with new quotations," the letter said.

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