The world’s steel giant ArcelorMittal announced to raise prices for all its coil products by €20/ton for September deliveries.
According to an executive of ArcelorMittal, the negotiations on price rise have just started as the market has changed with rising demands over the past weeks.
Meanwhile, it’s known that Italy’s Marcegaglia also announced to hike its prices for cold rolled coils (CRC) and hot dipped galvanized steel products by €30/ton earlier this month.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65438&division=A2
