NEW YORK SSAB
Americas has raised minimum base prices on its plate products
by $20 per ton ($1 per hundredweight) effective immediately, it
said in a Nov. 8 letter to customers.
The Lisle, Ill.-based
steelmaker said the increase would affect all new orders for
non-contract, as-rolled carbon and high-strength low alloy,
normalized plate, alloy plate including quenched and tempered,
cut-to-length plate less than 72 inches wide and hot-rolled
coil greater than 72 inches wide.
"SSAB continues to
monitor market conditions in order to better realize the value
our products bring to our customers," the company said.
The move comes one day after Charlotte, N.C.-based Nucor
Corp. increased base prices on its plate products by $40 per
ton ($2 per cwt) (
amm.com, Nov. 7).