Thyssen ups prices for electrical steel

Newswire

FRANKFURT, Sept 30 (Reuters) - German steel and engineering group ThyssenKrupp AG said on Monday it would increase prices for deliveries of electrical steel in 2003 amid rising demand on global markets. The company, the world's number-four producer of flat carbon steel, said it would raise prices for non-grain-oriented (NGO) electrical steel by an average of 60 euros per tonne for deliveries in 2003. "The move is necessary in order to restore revenues to a satisfactory level," Thyssen ...

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