Pittsburgh (Platts)--24Jan2013/1247 pm EST/1747 GMT

Several more US sheet producers Thursday independently followed AK Steel's price hike earlier this week.

Charlotte, North Carolina-based Nucor and Portage, Indiana-based NLMK moved up $50/st on hot-rolled, cold-rolled and hot-dipped galvanized sheet.

Tom Marchak, commercial vice president for Dearborn, Michigan-based Severstal, confirmed that the company has established new minimum base pricing of $650/st for hot-rolled; $750/st for cold-rolled; and $760/st for galvanized substrate. Other mills are expected to follow.

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One mill source said buying has been "slow or sporadic" in the South, but fair to good in the Midwest due to demand from the energy sector.

"It makes a difference where you're at," the source said.

Prior to the announcements, Platts pegged HRC at $610-630/st, while CRC was assessed at $720-740/st and HDG at $785-800/st. All prices are normalized to a Midwest (Indiana) mill basis.

--Daniel Hilliard, daniel_hilliard@platts.com
--Edited by Richard Rubin, richard_rubin@platts.com

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