| News | ||
| Japanese mills to raise CRGO price for Q2 - 12 Mar, 2010 | ||
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It is reported that Japanese steel mills are planning to hike its cold rolled grain oriented electrical steel export prices by USD 500 to USD 600 per tonne in the second quarter due to rise in raw material costs. Considering volatility of raw material price, Japan's mills decided to provide three month contract for their buyers. Normally, they signed annual or half year contracts with their buyers. Japan's mills predicted that CRGO's demands will rise thanks to recovery in electricity industries. The CRGO price is predicted to rise further in the third quarter. (Sourced YIEH.corp) | ||
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