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ArcelorMittal hikes plate product prices $30/T

Keywords: Tags  steel, ArcelorMittal USA, carbon plate, SSAB America, price increase, Catherine Ngai

NEW YORK — ArcelorMittal USA LLC has increased transaction prices for all noncontract plate orders by a minimum of $30 per ton ($1.50 per hundredweight) effective immediately.

The increase applies to all carbon, high-strength low-alloy, alloy and specialty plate products, the Chicago-based subsidiary of Luxembourg’s ArcelorMittal SA said in a Jan. 22 letter to customers.

Lisle, Ill.-based SSAB Americas last week increased prices by the same amount (, Jan. 14).

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