11
Aug
16:35
thyssenkrupp to implement spot prices in coming contracts
thyssenkrupp group is optimistic that it will translate the steel market’s peaking spot prices into its long-term contracts with its major customer industries.
The steel unit of the German group does business mainly on annual and other long-term contracts, as its high-grade strip products address the automotive and white goods industries.
“We operate on a different rhythm than our competitors. Spot business accounts only for 10% of our total,” g…
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Anonymous
Very good overview of the weekly steel market.
Anonymous