SSAB, ArcelorMittal fall in with US $40 per ton steel plate price increase

SSAB Americas and ArcelorMittal USA have followed the lead of other North American steel plate mills and have raised their prices by at least $40 per ton ($2 per hundredweight).

The increase - which was set at C$50 per ton ($2.50 per cwt) for its customers in Canada - takes immediate effect for all new non-contract orders, SSAB Americas said in a letter to customers dated Thursday November 16. The price rises apply equally to as-rolled mill plate, cut-to-length plate more than 72 in wide, hot-rolled coil (HRC) more than 72 in wide, and...


Michael Cowden

November 16, 2017

18:20 GMT