Steel Products
CSI, UPI Announce More Price Increases
Written by Tim Triplett
January 25, 2018
West Coast steel mills California Steel Industries (CSI) and USS-POSCO Industries (UPI) announced further flat roll price increases yesterday, Jan. 24.
CSI told customers that due to changing market conditions it is increasing transaction prices by $60 per ton on Hot Rolled and P&O, $40 per ton on Galvanized and $30 per ton on Cold Rolled. The increases are effective immediately on all unconfirmed orders. CSI is now taking orders for shipment in the first two weeks of March.
UPI announced a $60 per ton increase on Hot Rolled P&O and $40 per ton hikes on Cold Rolled and Galvanized, effective immediately. UPI also said it has limited space available to accept March orders.
The latest price moves follow $30 per ton increases announced by the two mills on Jan. 2.
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Tim Triplett
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