Author: Drishya Yadav
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Japan: Nippon Steel to raise stainless steel pipe prices by $391/t for May contracts
Japanese steel major Nippon Steel will raise the price of all types of seamless stainless steel pipes by JPY 50,000/t ($391/t) for May’22 contracts. The price hike is the result of surging costs of all steelmaking raw materials as well as energy prices, a Japan Metal Daily report says. The price hike is applicable for…