Steel Mills

USS/Posco Announces New Base Prices

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.”