Reportedly, the major steelmakers in the US, Nucor, ArcelorMittal and NLMK have announced to raise its steel sheet prices.
The three companies set a minimum spot base prices of US$700/short ton for hot rolled coils and US$810/short ton for cold rolled coils and hot-dipped galvanized materials.
Meanwhile, US Steel also announced to hike sheet prices by US$20/short ton last week.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67838&division=A2
