Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently.
It’s said that the steelmakers increased the prices of steel flat products in order to boost the hot dipped galvanized steel products prices.
It’s learned that the prices of hot dipped galvanized steel products had fallen by US$22/ton before the US steelmakers announced to raise the prices of steel flat products.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62857&division=A2