Tag: Price hikes
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Japan: Nippon Steel raises prices for nickel cold sheets
Nippon Steel Stainless Steel is set to implement its first price hike in nine months for nickel-based cold-rolled sheets sold in stores, with a JPY 20,000/t ($135/t) increase slated for March 2024. This adjustment comprises a JPY 5,000/t ($33/t) raise in alloy prices, mainly influenced by foreign exchange rates, and a JPY 15,000/t ($101/t) increase…