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04 Nov
16:35

US execs see new era in pricing

The supply side of the steel industry has changed significantly over the past few years, and American executives don’t see the industry going back to the same pricing behaviours as in years past. The cost-plus pricing model failed the global steel industry, Cleveland-Cliffs president and ceo Lourenco Goncalves said this week, and the industry is entering a new era. “The cost-plus model created a model that’s not sustainable because it denies the…
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