WCI Steel wants $1,000 for June hot-rolled sheet

Steelmaker raises the June price for flat-rolled steel products.

By Tom Stundza -- Purchasing, 4/11/2008 1:59:00 PM

WCI Steel has raised the June base price of flat-rolled steel products according to an announcement on its web site. This is an unusual move for the Warren, Ohio-based steelmaker, which is more of a player in the longer-term contract market and typically doesn’t announce spot pricing. The firm wants $1,000/ton on deliveries of hot-rolled sheet in June; $1,100 for cold-rolled sheet and $1,120 for hot-dipped galvanized sheet. Earlier this week, Nucor of Charlotte and AK Steel of West Chester, Ohio, made cost-surcharge adjustments that essentially put their June hot-rolled sheet prices at $1,000. Their steel price hike announcements cited “unprecedented growth in scrap and other input costs” as the key drivers behind the increases.

Average Rating:

(0)

Rate this:

Talkback

We would love your feedback!

»MORE

Featured Company

Lombardi

Lombardi is a leader in business process management (BPM). We offer award-winning BPM technology and services to help our customers, partners and government agencies around the world succeed with their process improvement initiatives. Our products... more
EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions for industries worldwide. EMC creates complete information environments that are reliable, efficient, and secure. The result is... more
Global Data Mining

GDM specializes in global trade data, and helps provide global trade data and enterprise-wide data solutions to help importers and exporters around the world optimize & automate global trade processes.Working closely with the Content Specialists of... more
PartMiner WorldWide

PartMiner WorldWide is uniquely positioned to provide an objective, global perspective of the electronic components marketplace. We maintain vast amounts of technical information and gather transactional market intelligence throughout the world... more
Exel

We're the leading contract logistics provider in the Americas with 40,000 associates at more than 500 sites throughout the U.S., Canada, and Latin America. Exel is part of the SUPPLY CHAIN division of Deutsche Post DHL, the world's leading... more