Steel Mills
USS/Posco Announces New Base Prices
Written by John Packard
January 30, 2014
On Wednesday of this week, USS/POSCO (UPI) opened their galvanized order book for the month of April. At the same time the mill announced enhancements to the galvanized product line and new effective base prices on all carbon flat rolled sheet produced at their steel mill located in Pittsburg, California.
The mill announced two enhancements to their galvanized product line. They have expanded the maximum thickness to .130″ minimum (10 gauge). At the same time all of the UPI produced galvanized sheet products are being produced with a ROHS compliant chemical treatment.
The following minimum base prices were said to be effective immediately on all products:
Hot Rolled Pickled & Oil = $36.25/cwt ($725/ton)
Cold Rolled Annealed = $40.50/cwt ($810/ton)
Hot Dipped Galvanized = $43.00/cwt ($860/ton)
The mill noted in their letter to their customers that full published price book extras would continue to be applied.
Finished Stock Available for Immediate Shipment
Even though UPI is opening their galvanized order book for April they still have HRPO and cold rolled available for February, March and April. According to the company letter “finished stock is available for immediate shipment.”
John Packard
Read more from John PackardLatest in Steel Mills
U.S. Steel sues Algoma over iron pellet shipments
U.S. Steel is suing Algoma over the Canadian flat-rolled producer's rejection of iron pellet shipments, arguing it has breached its contract.
August US mill shipments slip but still higher than last year
The American Iron and Steel Institute reported a decline in the monthly shipments of US mills from July to August.
TransPod, Algoma, Supreme Steel linkup anchors Canadian steel in high-speed transit build
The three Canadian companies have announced a strategic partnership to support the development of an ultra-high-speed transit line from Edmonton to Calgary.
Metallus, USW agree to tentative four-year labor deal
Metallus and the United Steelworkers (USW) have agreed to a tentative four-year labor contract.
ArcelorMittal Dofasco resumes cokemaking after emergency maintenance
The Canadian steelmaker reported on Sept. 30 that “urgent maintenance” was needed in its coke plant off-gas systems. The work required coke oven gas from the No. 2 coke plant to be flared for most of that week.