PARIS (Thomson Financial) - Steelmaker ArcelorMittal said it has raised base prices for flat carbon steel products in Europe by another 40 eur per ton, taking the minimum base prices to 600 eur per ton for hot rolled coil and 680 eur per ton for cold rolled/coated products.
Quarto plate will increase by at least 40 eur per ton for commercial grades, on top of a 50 eur per ton rise announced previously.
The new prices take effect immediately for all new contracts for the second quarter.
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