GM targets savings on steel contracts - paper

Newswire

FRANKFURT, Aug 29 (Reuters) - General Motors Corp expects the prices it will pay for steel when it negotiates new contracts to reflect declines this year on the spot steel market, a newspaper quoted its purchasing head as saying. Asked by the Automotive News industry paper whether he thought contract steel prices would fall in line with spot prices, Bo Andersson said: "Yes. Or I will see a very sharp increase on purchases from minimills." In the interview conducted last month and printed ...

Premium Content (PAID Subscription Required)

"GM targets savings on steel contracts - 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: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 10, 2016
Video
WardsAuto

GM 3.6L V-6 -- 2016 Award Acceptance

General Motors accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×