Steel Prices
Evraz raises plate prices $160/ton
Written by David Schollaert
February 25, 2025
Evraz North America (NA) has followed Nucor and SSAB with a plate price increase of its own: up $160 per short ton (st).
The increase was effective immediately for all new orders of carbon, high-strength low-alloy, and normalized and quenched-and-tempered plate products, as well as for hot-rolled coil, the steelmaker said in a letter to customers on Feb. 25.
Chicago-based Evraz NA, a subsidiary of London-based Evraz plc, also said it reserved the right to re-quote any offers that had not been confirmed.
In under a month, Evraz NA, SSAB Americas, and Nucor have all increased plate prices by $240-280/st, issuing multiple pricing letters since Jan. 27.
Plate prices stand at $1,000/st on average, according to our Feb. 18 check of the market. Tags are up by $100/st in less than a month – you can track those changes on SMU’s interactive price tool.
SMU will next update its plate prices tonight, Feb. 25.
You can keep tabs on mill price announcements here.
David Schollaert
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