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flat & long steel prices - Latest news GMK Center

Photo – Nucor has raised the price of hot-rolled coil to $1,040 per ton
Nucor has raised the price of hot-rolled coil to $1,040 per ton

Nucor and SSAB Americas will also raise prices for flat steel

Photo – Nucor Bar Mill Group has raised prices for bar stock
Nucor Bar Mill Group has raised prices for bar stock

The price increase for certain products is $40–60 per short ton

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

The company has raised prices for angles, channels, and steel strip by $40–60 per short ton

Photo – Japan’s Kobe Steel raises prices on long products
Japan’s Kobe Steel raises prices on long products

The decision reflects the rise in the cost of raw materials and other expenses

Photo – Nippon Steel and JFE Steel raise sheet prices amid rising costs
Nippon Steel and JFE Steel raise sheet prices amid rising costs

Companies cite rising raw material costs, among other factors

Photo – Toyota maintains current rolled steel prices for parts producer for April-September
Toyota maintains current rolled steel prices for parts producer for April-September

This move is a change in strategy after several consecutive cycles of decline

Photo – Domestic prices for construction steel rose by 2.5–2.7% in January
Domestic prices for construction steel rose by 2.5–2.7% in January

Last month, the price of channel bars rose the most – by 2.7%, to UAH 60,400 per ton

Photo – Domestic prices for construction steel rolled products remained largely unchanged in November
Domestic prices for construction steel rolled products remained largely unchanged in November

Since the beginning of the year, prices for angle bars, profile pipes, and round pipes have fallen slightly

Photo – ArcelorMittal raises prices for long products in Europe by €30/t
ArcelorMittal raises prices for long products in Europe by €30/t

Other EU producers have also announced their intention to increase prices by €20-30/t

Photo – Domestic prices for construction steel products rose slightly in October
Domestic prices for construction steel products rose slightly in October

Since the beginning of the year, prices for channel bars and hot-rolled sheets have risen, while other items have seen a decline.

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