US steel announced on September 14 that it would increase its flat steel product price by at least $60 per short ton. The quotation for hot rolling steel coil is new spot inquiry, the lowest price is 600 US dollars / short ton, and the quotation of cold rolling steel coil is 800 dollars / short ton. This is the third time US steel has raised its price since late July, with a total increase of US $140 / short ton. Some small-scale steel mills have also followed the rise.
In terms of market, on September 14, the mainstream transaction price of hot rolling steel coil in the United States was 575 US dollars / ton. Traders were not surprised by the steel mill's price hike, and said the active market atmosphere was conditional on continuing until the end of the year.
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