* Will ask customers to accept around $240 hike -Nikkei * JFE also seen asking for similar rise (Adds detail, background) Feb 25 (Reuters) - Nippon Steel Corp will ask auto makers and other major customers to accept a roughly 20,000 yen ($242) a tonne price rise for steel products starting in April, the Nikkei business daily said, as soaring material costs take their toll. Nippon Steel, the world's No.4 steelmaker, will propose the around 20 percent jump as early as mid-March, the ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Nippon Steel plans 20 pct price hike - Nikkei" 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:
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.