22
Jan
11:07
AST levies retroactive price increases: sources
Italian stainless steel producer Acciai Speciali Terni (AST), part of thyssenkrupp, has communicated to customers a sharp price increase for both future and already agreed contracts, Kallanish learns from customers.
The company has introduced a €214/tonne scrap surcharge for all its deliveries starting from February. It told customers the increases are caused by the sharp scrap and raw material price rises, exacerbated by the shortage in stainless steel …
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Anonymous
Very good overview of the weekly steel market.
Anonymous