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Iron and Steel News07/02/2008

Japan Steels Accept Higher Australian Iron Ore Price
Japanese major steel makers including Nippon Steel and JFE Steel accepted maximum 96.5% higher iron ore price from Rio Tinto for shipment in fiscal 2008 starting April. They followed pricing by Baosteel Group last week despite of higher price than pricing with Vale earlier the year. The higher price could cost around 150 billion yen more for Japanese steels.


Today's Japan Metal Bulletin E-mail
Japan Steels Accept Higher Australian Iron Ore Price
Japan Special Steel Demand Increases by 3.3% in July-September
Japan Carbon Steel Export Rises by 4.4% in May
Japan, Column Steel Demand Decreases by 3.3% in July-September
Sumitomo Metals to Add Slab Caster at Wakayama

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