Archive for May 29th, 2008
Are steel prices heading for meltdown?
Steel prices having been rising (and continue to rise) at record rates this year. A few in the industry are speculating about a possible fall in the fourth quarter. We spotted this item over at Purchasing.com.
Analyst says steel prices may melt this summer
But the mills are pushing for even higher sales prices
By Tom Stundza — [...]
Posted: May 29th, 2008 under Steel Comment, Steel International, Steel Prices.
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China steel to raise prices by 17.8%
Taiwan’s top steel maker said today that they were to increase domestic steel prices by 17.8% in the 3rd quarter to reflect higher raw material costs and demand.
The raise, missing the 20 percent rise expected by investors, comes after some rivals such as POSCO had increased prices by 20% in April.
Technorati Tags: Steel Prices,Taiwan,China steel
Posted: May 29th, 2008 under Steel International, Steel Prices.
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Honda faces steel price hike in US
Honda Motor Co’s chief executive said on Thursday the Japanese automaker had been asked to pay more by a U.S. steelmaker despite a contract agreed earlier this year, and added he feared other suppliers may follow suit.
Global steel prices have soared on tight demand, with brisk orders for construction machinery, ships and energy-related products in [...]
Posted: May 29th, 2008 under Manufacturing News, Steel International, Steel News, Steel Prices.
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