
|  | 06/24/2008 |
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Daido Steel to Start Ferrous Scrap Surcharge
Daido Steel started study to introduce new pricing mechanism to secure sustainable profitability under higher raw materials cost. The firm already offers ferrous scrap surcharge system effective in and after October to automakers and automotive parts makers. The firm tries to make netting scheme, in which the firm sells steel products with certain margin to users with ferrous scrap supply transaction with Daido Steel. The firm also studies for chrome surcharge mechanism for structural steel products.
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 | Daido Steel to Start Ferrous Scrap Surcharge
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|  | Firm Ferrous Scrap Price in Tokyo
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