Europe: AM/NS steeply increases flat steel prices by Euro 150/t ($166/t)

ArcelorMittal Nippon Steel (AM/NS), Europe announced another steep hike of Euro 150/t ($166/t) in its flat rolled product portfolio, after having increased prices by Euro 180/t ($200/t) in the beginning of the month. Post-the recent announcement, effective prices of HRC now stand at Euro 1,300/t ($1,435/t), while prices of CRC are at Euro 1,400/t ($1,545/t), and hot dipped galvanised (HDG) at Euro 1,450/t ($1,601/t).