24
Aug
11:14
NSSMC agrees autosheet price cut: reports
Japan’s Nippon Steel and Sumitomo Metal Corporation has reportedly agreed a JPY 5,000/tonne ($46/t) price cut in its latest price negotiations with Toyota. The six-month contract price is taken as a benchmark for the Japanese autosheet market, which had previously expected a price increase, Kallanish notes.
According to the Nikkei, NSSMC and Toyota have concluded their price negotiations for steel deliveries to Toyota over April-September this year. Toyota…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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