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Steel prices rising. (Metal Industry News).

Publication: Metal Center News
Publication Date: 01-APR-03
Format: Online - approximately 556 words
Delivery: Immediate Online Access

Article Excerpt
A handful of major steel producers have announced price increases.

Steel Dynamics Inc. announced a $30 per ton price increase for its flat-roll sheet products, following Nucor's lead, effective with shipments in the second quarter.

Keith Busse, president and CEO, says that with an improving outlook for demand, "we believe a $30 per ton increase from first-quarter pricing levels is appropriate when considering both market and cost factors. Domestic selling prices for sheet steels during the first quarter weakened to well below...

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