17
Feb
10:57
Usiminas raises flat steel prices for foreign automakers
Brazilian steelmaker Usiminas has raised its flat steel prices for US and European automakers in the country, says the company chief executive Sergio Leite during its fourth-quarter earnings call monitored by Kallanish. The company is negotiating the same price increase for long-term supply contracts with the rest of the automotive sector and white goods industry, the ceo confirms.
“The 2020 contracts will reflect an evolution of our costs with a reasonable…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous