U.S. steel increase steel sheet price by USD40 per mt

An increase in the price of thin spot, the United States steel companies $40 / ton, this is the third time this year the company raised sheet quotation, market speculation the U.S. steel price may be related to the United States government decided to raise the anti-dumping investigation on imported cold rolled on. After the adjustment, hot roll ex-factory price is $500 / ton, cold rolled and hot galvanized sheet ex-factory price is $600 / ton.

But given the current steel mills still shorter delivery time, raw material prices fell in July, the cost of support is weak, and in the middle of June steel mills announced the price increase is accepted by the market, so most market participants believe that steel mills to achieve a price rise is unlikely.