Canada
November 6, 2025
ArcelorMittal Dofasco raises spot sheet prices
Written by David Schollaert
ArcelorMittal Dofasco is increasing spot sheet prices by a minimum of CA$100 per short ton (US$71/st).
The Hamilton, Ontario-based flat-rolled steelmaker told customers the increase is effective immediately for all new orders.
It did not specify its base prices but noted its right to re-quote previous but unconfirmed orders.
Sheet pricing moves
Dofasco’s notice follows other steelmakers also hoping to push prices higher, or at least set a new floor.
NLMK USA first notified customers of their price hikes on hot-rolled and cold-rolled coil back on Oct. 24. Nucor has since increased its weekly CSP on Oct. 27 and Nov. 3.
While sheet prices have indeed firmed up in response to mill hikes, early on, the trend appears to have stopped erosion and steep discounting, lifting in earnest only the bottom end of the market.
SMU’s weekly market check showed current HR spot prices at $800-$850/st, with an average of $825/st, up $5/st vs. the previous week.
You can check out SMU’s Steel Mill Price Announcement Calendar to follow announced pricing moves.
