Rebar,Stainless steel sheet,Hot rolled coil,Cold rolled shee.
|Screw threaded steel bar price notched up $30 in the US|
American steel market saw notched up during the past week. Both the big scope and the frequency of the growth are rare to see.
During the given period, Arcelor Mittal increased steel sheet price further by $40 per short ton, effective immediately. After the adjustment, the base price of hot rolled coil was $560 per short ton, and the base price of cold rolled steel sheet and hot dipped galvanized steel sheet was $780 per ton.
This had been the second growth for steel sheet price within a week. These two price hiking were all above $30 per short ton.Gerdau Long Steel North America Company and Keystone Company increased steel wire price by $40 per short ton, effective on Dec.1. Currently, the steel mesh price ex-work in the US is offered at $460-480 per short ton. Followed by the American Commercial Metal Company, Nucor and Gerdau also hiked screw threaded steel bar price by $30 per short ton.
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