|  | 06/16/2010 |
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Nippon Steel Gets Near 20,000 yen/t Hike from Toyota for 1H F2010
Nippon Steel agreed with Toyota Motor by Tuesday to increase steel price by near 20,000 yen per tonne for April-September from annual price in fiscal 2009 ended March 2010. The price increases for the first time in 2 years. Toyota apparently notifies higher steel price for materials purchased by Toyota to supply to parts makers as early as next week. With the agreement with Toyota, Nippon Steel will agree with other automakers for higher price. The price negotiation could impact on talks with other steel users including shipbuilders, appliances and electric machinery makers.
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 | Nippon Steel Gets Near 20,000 yen/t Hike from Toyota for 1H F2010
| | Japanese Ferrous Scrap Export Price Continues Dropping
| | H-beam, Rebar Price Declines by 3,000 yen/t in Tokyo
| | Metal One Targets 26B Yen Net Profit in F2011
| | Aichi Steel Develops Less-Mo Carburizing Steel
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