Trade Resources Industry Trends Arcelormittal Has Increased The Prices for I Sections and Other Categories

Arcelormittal Has Increased The Prices for I Sections and Other Categories

The world's steel giant ArcelorMittal has informed its customer to increase the prices for I sections and other categories to €650/ton ex-work in Europe for January production and deliveries.

Recently, several European steelmakers including Germany-based Salzgitter, Spain-based Celsa and Italy-based Duferdofin-Nucor have all announced to raise the prices for sections.

Industry sources expected that the reduced production of steel long products during the Christmas would help the European steelmakers to raise the prices further.

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61899&division=A4
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ArcelorMittal to Raise Prices for Sections in Europe
Topics: Metallurgy