ArcelorMittal Dofasco and NLMK USA announce price increases for hot-rolled steel

ArcelorMittal Dofasco, Canada's leading flat steel producer, has raised prices for hot rolled coil and cold rolled coil to CAD 1,200 per short ton and CAD 1,460 per short ton, respectively. The price of hot dip galvanized coil, annealed galvanized steel and aluminum has also been increased to CAD 1460/short ton, CAD 1470/short ton and CAD 1500/short ton individually.

In addition, NLMK USA, NLMK Group's subsidiary in Russia, also announced a price increase for hot-rolled coil by USD 50 per short ton, which means a new price low of USD 925 per short ton.