Tel :
Tel :
Recently, the US division of Swedish steelmaker SSAB announced a price increase of at least $40 per short ton for all rolled steel products. B35P125 oriented electrical steel, This price adjustment applies to all new non-contract orders shipped from January 4, 2026, while existing surcharges remain unchanged. This move follows closely on the heels of another US steel giant, Nucor, which had previously raised its January flat product prices by $30 per ton.
Industry analysts point out that the successive price increases by major players reflect strong market pressure to restore profit margins and aim to set a new price benchmark for 2026. Current market data confirms this upward trend: the average price of US heavy plates has risen to $1,015 per ton, rebounding by $55 from the low point at the end of September; and the spot price of hot-rolled coils has also achieved its fifth consecutive week of increases. B35P125 oriented electrical steel, This series of developments signifies that the North American steel market has officially entered a clear upward cycle, and analysts expect prices to remain strong in the short term.
