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Mills March on with parade of price hikes.

Publication: Metal Center News
Publication Date: 01-APR-04
Format: Online - approximately 777 words
Delivery: Immediate Online Access
Full Article Title: Mills March on with parade of price hikes.(Service Center News)

Article Excerpt
Numerous producers of carbon, electrical and stainless steel, aluminum, titanium and rare metals raised prices and surcharges--again--near the end of the first quarter. All cited increased input costs, such as scrap, iron ore and natural gas.

Following are selected notices made available to Metal Center News. (See related coverage in Business Topics on page 2.)

* Two of the largest U.S. minimills raised their raw material surcharges 25 percent on flat-rolled steel slated for shipment in April. Nucor Corp. and Steel Dynamics Inc. both said they would increase the surcharges, which are adjusted every month based on scrap price revisions, to $125 per ton, up from $100 a ton for flat-rolled steel shipped in March....

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