UPDATE 1-ArcelorMittal ups European flat carbon steel prices

Newswire

(Adds share price, details, analyst comments) BRUSSELS, June 27 (Reuters) - ArcelorMittal , the world's largest steelmaker, said on Friday it would raise prices of flat carbon steel products in Europe and launch a flat carbon steel joint venture in China with Hunan Valin Steel . ArcelorMittal said the new base price level for hot rolled coil would be raised to 770 euros ($1,212) per tonne, from 720 euros previously, and that it aimed to finalise prices for contracts to be delivered in ...

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