• Skip to main content

    Prices

    NLMK USA raising HR, CR $50/ton, coated at $150 above HR base

    Written by Ethan Bernard


    NLMK USA is aiming to increase base prices on all products, effective immediately.

    The company said all hot-rolled and cold-rolled quotes are up $50 per short ton (st).

    Ethan Bernard

    Read more from Ethan Bernard

    Latest in Prices

    Leibowitz: US steel prices skyrocket above world prices. Which are right?

    Steel markets in the United States now feature supply shortages. Spot tons are well-nigh unavailable, and even contract tons are scarce. Based on the available statistics, the US market for flat-rolled products is seriously constrained. The US economy is still the strongest in the world, and manufacturing output remains vigorous. But the available supply is tight. The reason is fairly obvious. US domestic supply has increased a bit. Meanwhile, imports have fallen significantly.