Industry News

Evraz North America raises flat steel prices

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Update time : 2023-03-15 17:18:32

The company raised prices on 13 March for carbon, high strength, low alloy (HSLA), hot rolled coil (HRC) normalized plate, and quenched and tempered products by $60/short ton (st). Evraz North America operates an electric arc furnace (EAF) mill in Pueblo, Colorado, a plate mill in Portland, Oregon, an electric arc furnace (EAF) facility in Regina, Saskatchewan, and and multiple pipe facilities across Canada.

Evraz North America's announcement comes after integrated steelmaker Cleveland-Cliffs increased prices the morning of 13 March by $100/st and set a HRC price minimum of $1,200/st. EAF steelmaker Nucor increased plate prices on the same day by $50/st, while EAF competitor SSAB Americas also raised plate prices by $80/st.

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