|  | 06/04/2010 |
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Japan Major Steels Hike 15,000 yen/t Sheet Quarter Price for OA Maker
Japanese integrated steel makers apparently won 15,000 yen per tonne of sheet contract price hike for Japanese major office automation equipment maker for April-June from annual price in fiscal 2009 ended March 2010. The price increases for the first time in 2 years. The buyer accepted the wide hike to secure the material when cost of iron ore and coking coal increased widely. The steel makers are apparently finalizing price negotiation with automakers to change the annual term into half year based pricing.
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 | Japan Major Steels Hike 15,000 yen/t Sheet Quarter Price for OA Maker
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