Author: Nishtha Mukherjee
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ArcelorMittal hit by rising input costs; imposes Euro 50 surcharge
ArcelorMittal, the world’s leading steel and mining company, hedged in by rising input costs, is imposing a surcharge of Euro 50 per tonne of steel, to be applied on all new price agreements. Why is the surcharge being implemented? Amit Sengupa, chief marketing officer, ArcelorMittal Europe Long Products, though a release said that developments affecting…