Tag: automotive sector steel demand

Japan: Nippon steel announces stainless steel wire rod prices to rise amid raw material cost surge

Sep 24, 2025

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by

Manya Dewangan

in Stainless Steel

Automotive demand remains strong, construction slows Special steels hike driven by raw cost surge SteelDaily: Nippon Steel, a leading Japanese steelmaker, will raise stainless steel wire rod prices for contracts signed between September and November 2025, with deliveries from October to December. Grade 304 prices will increase by JPY 10,000/t, and Grade 430 by JPY…