Nisshin Steel raises SS prices by 10% on increased costs
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Tuesday, 11 Mar 2008
Nikkei reported that Nisshin Steel Company has raised prices by as much as 10% with effect from April 1st 2008 to cover costs for fuel, iron ore and other materials.
Mr Naoyuki Kuroda a spokesman of Nisshin Steel said that the price of stainless steel sheet will be raised by about 5% or JPY 20,000 a tonne while, sheets using chrome will cost JPY 30,000 a tonne or up by 10%.
