ArcelorMittal USA ups flat steel base prices by $40-45 per ton

ArcelorMittal USA has announced new base prices for carbon flat-rolled steel with immediate effect, the company said late on Tuesday October 17.

The Chicago-based steelmaker said the new prices – which amount to price hikes of approximately $40-45 per ton ($2-2.25 per hundredweight – are necessary due to stronger demand. “Over the past couple of weeks, we have experienced a significant increase of order entry for sheet products, and,...

Published

Michael Cowden

October 18, 2017

20:38 GMT