Steelmakers Increase Production Amidst Rising Prices And Demand

Via AG Metal Miner U.S. steel prices continue to rise amid ongoing price hikes from domestic steelmakers. The ascent for HRC prices accelerated throughout January as they jumped by over 10%. Meanwhile, plate prices returned sideways with a modest month-over-month rise of just under 2%. Of course, this came after prices traded down throughout December. Overall, the Raw Steels Monthly Metals Index (MMI) rose by 5.55% from January to February. More Price Hikes for Flat-Rolled Steel As U.S. steel prices remain bullish, steelmakers appear…