Gerdau is raising prices on certain types of long products in North America

Gerdau Long Steel North America has announced price increases for certain types of merchant bar products. This was reported by Kallanish, citing a letter from the company to its customers.

The increases apply to certain grades of angle bars, channel bars, and steel strip. Depending on the product type, prices will increase by $40/ton and $60/ton. The new terms take effect for all new orders.

At the same time, the company noted that orders already confirmed and placed by the end of the business day on March 25 will remain protected from price revisions, provided they are shipped by April 10.

In a letter to customers, the manufacturer emphasized that it will continue to monitor market conditions to maintain competitive terms for itself and its partners, and reserves the right to adjust its pricing policy as needed.

As a reminder, the U.S. imported 2.42 million short tons of rolled steel in January-February 2026, a 38.5% decrease compared to the same period in 2025. Total steel imports, including rolled products and semi-finished products, amounted to 3.31 million tons, down 37.6% year-on-year.

The largest share of rolled steel imports for the period was accounted for by rebar — 227,350 metric tons (-2.8% year-over-year), products for the oil industry—231,630 metric tons (-38.4% year-over-year), cold-rolled coils – 192,300 tons (-40.5% y/y), and hot-dip galvanized sheets – 187,200 tons (-51.4% y/y).