01
May
01:00
US sheet mills push to raise prices
Late last week, AK Steel announced a minimum $20/ton price increase for carbon flat rolled products, effective immediately. Other US mills had informed customers of sheet price increases earlier in the week.
The push to raise prices is not completely unexpected, Kallanish understands, as many believed pricing had overcorrected after a period of deterioration. With US service centre inventories on the decline, mills expect the increase to stick as their order…
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Anonymous
Very good overview of the weekly steel market.
Anonymous