Tuesday, Nov8, 2011
JOHANNESBURG Nov 8 (Reuters) - ArcelorMittal South Africa , a unit of the world's top steelmaker, has increased steel prices effective Nov. 1, the company said on Monday.
The steelmaker said prices for flat steel products would increase by between 3 and 6 percent, depending on the product, while prices for long steel products would be raised by between 4 and 8 percent.
The company said last week that higher costs and lower steel prices hit earnings in the three months to end September.
(sourced Reuters)
Showing posts with label steel prices hikes. Show all posts
Showing posts with label steel prices hikes. Show all posts
Tuesday, November 8, 2011
Friday, June 3, 2011
2 Indian steel major hike flat steel prices - Report
Friday, 03 Jun 2011
Press Trust of India reported that two leading steel makers, JSW and Essar Steel, have hiked rates for flat products by INR 600 per tonne to INR 1,000 per tonne.
The report cited some company officials as saying that “On the back of rising input costs and strengthening of international prices over the last couple of weeks, there is a case for upward revision of steel prices.”
The report added that However while SAIL has kept prices at last month's levels, TATA Steel is yet to decide on any move. (sourced from PTI)
Press Trust of India reported that two leading steel makers, JSW and Essar Steel, have hiked rates for flat products by INR 600 per tonne to INR 1,000 per tonne.
The report cited some company officials as saying that “On the back of rising input costs and strengthening of international prices over the last couple of weeks, there is a case for upward revision of steel prices.”
The report added that However while SAIL has kept prices at last month's levels, TATA Steel is yet to decide on any move. (sourced from PTI)
Thursday, March 3, 2011
Argentina rescinds plans to halt rising steel prices
Thursday, 03 March 2011
A month ago, the Argentinean government announced that it would force steel prices back to January 21 levels because of continued price hikes and rising inflation in the country.
The government has said the measure-which affected steelmakers, distributors and retailers-was instigated in order to achieve "price stability" in the country but changing market conditions have caused officials to backtrack on the decision.
Tags: raw material, Argentina , South America , steelmaking
The government has said the measure-which affected steelmakers, distributors and retailers-was instigated in order to achieve "price stability" in the country but changing market conditions have caused officials to backtrack on the decision.
Tags: raw material, Argentina , South America , steelmaking
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