09
Sep
06:14
Nippon Steel to raise structural steel prices
Nippon Steel, Japan’s largest steel producer, has started notifying its domestic customers that it could raise its list price for structural steel including sheet piles and pipe piles.
Nippon Steel intends to add JPY 15,000/tonne ($136/t) to these products, the same as its previous and only increase so far this year, Kallanish notes. The adjustment is due to rising input costs. The last hike “was not enough for us to make profits”, a company…
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Very good overview of the weekly steel market.
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