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Severstal joins $20/T sheet price hike

Keywords: Tags  Severstal, flat-rolled steel, steel prices, hot-rolled sheet, cold-rolled sheet, hot-dip galvanized steel, coated steel, automotive steel Chris Prentice


NEW YORK — Severstal North America Inc. has joined other domestic steelmakers in increasing its prices for flat-rolled products by $20 per ton ($1 per hundredweight).

The Dearborn, Mich.-based steelmaker has increased base prices for all carbon flat-rolled steel products effective immediately, Severstal told customers in an e-mail Monday. It didn’t send out an official price change notice, it said in the e-mail.

It follows similar increases in published prices late last week by Nucor Corp. ( amm.com, Dec. 6) and ArcelorMittal USA Inc. and AK Steel Corp. ( amm.com, Dec. 7).


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