Steel-makers target high-end market in Asia

Dec 2, 2013

Steel-makers target high-end market in Asia

Japanese steel-makers are expanding into high-end product markets in Southeast Asia in order to survive fierce competition with their Chinese and South Korean rivals. Supply of ordinary steel products exceeds demand in the member economies of the Association of Southeast Asian Nations, due to ...

Jul 23, 2013

Steel maker reaches price hike pact

Kyodo Nippon Steel & Sumitomo Metal Corp. and Toyota Motor Corp. have agreed on a price hike for sheet metal in the April-September period of about ¥10,000 per ton, sources said Tuesday. The markup of roughly 10 percent from the preceding six-month period is ...