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Dofasco lifts flat-rolled product prices

Keywords: Tags  ArcelorMittal Dofasco, flat-rolled, steel prices

NEW YORK — ArcelorMittal Dofasco Inc. has raised base prices on its flat-rolled steel products for all new spot orders by Canadian $20 ($19.10) per net ton effective immediately, citing devaluation of the Canadian dollar.

The company will maintain price extras published in its online product and price list, it said in an internal memo dated June 25.

Other mills are expected to follow, sources said.

Hamilton, Ontario-based ArcelorMittal Dofasco is part of the Flat Carbon Americas unit of ArcelorMittal SA, Luxembourg.

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