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Our Advance/Decliner Index fell as our China Index plunged to a six-month low. Always sensitive to news flow, Chinese prices reacted to… more
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Posts Tagged: ‘steel price hike’
AK Steel Raises Sheet Prices $30 Following Nucor’s Hike
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AK Steel announced a $30/ton sheet price increase today on the heels of Nucor’s leading $20/ton hike yesterday. The higher price is most probably reflective of a surge in orders …more
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Nucor Quick to Follow AK Steel’s Sheet Hike
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Quick on the heels of AK Steel’s hike on Monday, trade press has reported that Nucor has followed with a $50/ton sheet price increase of its own. We are surprised at the …more
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US Steel Lifting Sheet Prices – But Will They Stick?
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According to trade press, this morning USS has quietly told customers of a pending $40/t price hike in flat-rolled, leading the industry’s first since July, after six straight …more
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