
|  | 03/11/2010 |
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Japan Steels to Hike GO Electrical Steel Export by US$ 500-600/t
Japanese integrated steel makers decided to increase the export price of grain oriented electrical steel by US$ 500-600 per tonne for April. They expect the higher price is accepted by the buyers when worldwide steel price increases under higher cost for iron ore and coking coal along with recovering power project in the world while the electrical steel supply is balanced. They focus on the price first rather than the volume. They eye additional US$ 500-600 hike for second half of fiscal 2010 starting April.
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 | Japan Steels to Hike GO Electrical Steel Export by US$ 500-600/t
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