Aichi Steel raises contract prices for stainless steel bar section

Japan's Aichi Steel said on June 13 that due to the impact of LNG and crude oil prices, the prices of energy such as electricity and fuel related to stainless steel production soared, coupled with rising logistics costs and various material costs, and it was difficult for the company to absorb all by itself.Asian Metal Copyright Therefore, the company decided that starting from the contract signed in June 2022, the prices of all types of stainless steel round bars and sections would be increased by about 5%.Asian Metal Copyright Therefore, the company decided that starting from the contract signed in June 2022, the prices of all types of stainless steel (round bars and sections) would be increased by about 5%.
.Asian Metal CopyrightJapan's Aichi Steel said on June 13 that due to the impact of LNG and crude oil prices, the prices of energy such as electricity and fuel related to stainless steel production soared, coupled with rising logistics costs and various material costs, and it was difficult for the company to absorb all by itselfAsian Metal Copyright