Steel producer NLMK USA has set prices for hot-rolled coils at a minimum of $1,000 per short ton. For hot-dip galvanized coils, the minimum is $1,200 per ton.
Cleveland-Cliffs, Nucor and US Steel increased their prices by $100 per ton. NLM Group was the latest to increase its prices.
NLMK Group was the only company to publish minimum prices for hot-rolled and galvanized coil products. AM/NS Calvert, Cleveland-Cliffs and Nucor have increased their minimum prices for hot-rolled coils to $1,000 per short ton.
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