UPI, California Steel Raise Prices $30

Since Nov. 20, 2017, two of the West Coast flat rolled mills have increased prices. On Monday, UPI (USS/POSCO) followed the lead of California Steel Industries (CSI) by raising prices. In a letter to customers, they advised that prices of hot rolled pickled & oiled (HRPO), cold rolled and galvanized would increase by $30 per ton ($1.50/cwt). The UPI increase was to be effective immediately.

Just prior to the Thanksgiving Holiday, CSI opened their order book for the first two weeks of January and announced they would be raising prices on hot rolled, HRPO, cold rolled and galvanized transaction prices by $30 per ton.