It’s reported that NLMK USA announced to hike the prices of steel flat products by US$33/ton after the other major steel mills’ prices hike.

It’s known that he major steel mills in the US, including California Steel Industries, Nucor, AK steel have all raised the prices of steel flat products by US$33~US$55/ton averagely.

NLMK said that the prices hike was contributed by the strong demands from energy, agriculture, automobile sectors.

Also, the company said that the delivery of most its products will be in the second half of April while the delivery for high carbon and alloy products will be in May.