NLMK USA ups flat steel prices by $40 per ton

NLMK USA has increased flat steel base prices for all new spot business by $40 per ton ($2 per hundredweight) with immediate effect.

“Open quotations and unconfirmed orders are subject to revision,” the steelmaker said in a letter to customers on Thursday July 20. NLMK USA’s increase is $15 per ton (75 cents per cwt) more than the $25-per-ton ($1.25-per-cwt) rises...

Published

Michael Cowden

July 20, 2017

17:01 GMT