According to letters sent to customers and reviewed by S&P Global Platts, US Steel announced on September 14 that it would raise its flat steel prices by at least $ 60.
Although the company did not specify minimum target prices in the letter, a source at the plant and a source on the buyer's side said the plant was offering new spot requests for at least $ 600 per tonne for hot rolled coil and $ 800 per tonne for cold rolled coil. rolled and hot-dip galvanized products.
This marks the third attempt by US Steel to raise prices since late July. The Platts TSI US HRC Daily Index was at $ 579.25 on September 14, up $ 140 from August 6, when the index hit a five-year low.
US Steel announces price hikes for sheet metal
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Azovpromstal® 15 September 2020 г. 12:35 |