13
Aug
17:03
Algoma raises US plate prices
Canadian steelmaker Algoma has upped plate prices for its US customers in line with previous US mills’ increases, Kallanish learns from a customer letter.
Effective immediately, Algoma’s US are subject to a $40/short ton increase on all as-rolled and heat-treated plate product.
This echoes the two $40/st plate increases announced in July by Nucor and others.
Kallanish currently puts A36 prices at $820-840/st. All prices are ex-works, domestic m…
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Anonymous
Very good overview of the weekly steel market.
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