FRANKFURT, June 26 (Reuters) - Major steel producers will drop multi-year price deals with carmakers and suppliers as a result of volatile steel prices, an automotive industry paper reported, calling it bad news for steel customers. "There will be no more multi-year contracts," Automotive News quoted Freek Schut, automotive commercial manager at Europe's number-two steel producer Corus , as saying in a report released ahead of publication on Monday. "We are now quoting prices on a yearly ...
Premium Content (PAID Subscription Required)
"Big steelmakers halt multi-year auto accords-paper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642