TOKYO, Feb 24 (Reuters) - Japan's JFE Steel Corp said on Thursday it will raise prices of steel sheet for sale through distributors by 20,000 yen ($242) per tonne from April, signalling to high-volume contract users such as Toyota Motor Corp the level of price hike it seeks. Input costs for steelmaking are expected to rise sharply in the April-June quarter as demand in Asia remains strong and unresolved logistical bottlenecks due to disruptions in Australia boost coal prices, though steel ...
Premium Content (PAID Subscription Required)
"JFE to up steel sheet price by Y20,000 from April" 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!
Current subscribers, please login or CLICK for support information.