New Report Preview:

Following US Steel’s leading $40/ton sheet price hike yesterday, Nucor, ArcelorMittal, AKSteel, Severstal and NLMK have now announced matching price increases, with Severstal’s HRC list price set at $620/ton, a 7% increase. An additional five sheet producers raising prices cements the credibility of US Steel’s initial move and we expect any mill yet to follow to do so in quick order…more

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