AK Steel announces price increases

December 9, the United States AK Steel Corporation announced the increase of Carbon sheet spot price, immediately started after the price increases, the HRC factory base price of $ 420 / short ton, cold roll of $ 540 / short ton, hot galvanized plate for the $ 550 / short ton.

The price for US mills, market participants said, would boost the short-term spot market, the transaction is expected prices will rebound, but the medium to long term, the market is still not optimistic, because of the global market downturn, the price increase is too large will will cause import growth again. (VAI News)