Quote:
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US steelmaker Nucor has announced another increase in the spot price (CSP) for hot rolled coil (HRC). Starting March 3, it will be $900 per short tonne for all producers’ plants, except for California Steel Industries (CSI), where the price reached $960 per tonne.
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https://gmk.center/en/news/nucor-rai...g-of-the-year/
Yeah but Trump said tariffs don't cause inflation! lol. What a mess.
Should mention this is the biggest steel producer in the US raising their prices. Just like they did in 2016.