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10 Mar
12:25

Nippon Steel lifts special bar, wire rod prices

Leading Japanese steelmaker Nippon Steel has announced it will increase its special steel bar and special wire rod prices by more than JPY 15,000/tonne ($129/t) from this July. The overall price surge across the steel industry supply chain, especially the skyrocketing cost of raw materials, logistics and energy, has led the mill to raise sales prices, Kallanish notes. The mill is also negotiating shorter contract times with …
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