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Iron and Steel News05/13/2008

Sumitomo Metals to Hike Seamless Pipe by Another 10%
Sumitomo Metal Industries announced on Monday the firm increases the selling price of carbon and alloy steel seamless pipe by 10% for domestic distributors and contract users for July production. The firm decided the additional hike to cover higher raw materials cost than expected after 15% hike for April production. The firm also increases the selling price of welded steel pipe by 10-15% for July production.


Today's Japan Metal Bulletin E-mail
Sumitomo Metals to Hike Seamless Pipe by Another 10%
NSSC to Increase Ni Stainless Plate, Cold Sheet Prices by 10,000 yen/t
Daido Steel to Hike Ni Stainless Wire Rod by 10%, Cr Series by 20%
Strong Plate Steel Price in Tokyo
Firm Ferrous Scrap Price in Tokyo

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