Steel Prices
Evraz increases plate prices again, up $40/ton
Written by David Schollaert
February 7, 2025
Evraz North America (NA) has followed Nucor and SSAB in raising plate prices by $40 per short ton (st).
The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil (HR), the steelmaker stated in a letter to customers Feb. 7.
Evraz NA also said it reserved the right to re-quote any offers that had not been confirmed.
Evraz NA, SSAB Americas, and Nucor have all followed up on their initial price bumps at the opening of their March order books with a second round of increases. Nucor was the first, followed by SSAB, and now Evraz.
Plate prices stand at $910/st on average this week, up $10/st from last week and up $65/st compared to two weeks ago, according to SMU’s interactive price tool.
SMU will next update its plate prices Feb. 11. You can also track mill price announcements here.
Evraz NA is a Chicago-based steelmaker and a subsidiary of London-based Evraz Plc.
David Schollaert
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