Tag: future cost escalations

Nippon Steel Stainless Steel Pipe Co., Ltd., headquartered in Chiyoda-ku, Tokyo, led by President Naoki Konno, will increase prices of welded stainless steel pipes used in construction and automotive sectors by 10% from June. This marks the first hike in four months, attributed to rising procurement, labour, and logistics costs due to the 2024 issue.…