Tag: Steelmakers face higher input costs on surging freights

Japan: Steelmakers face higher input costs on surging freights, fuel prices even as raw materials remain stable

Apr 23, 2026

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by

Nikita Shukla

in Fines/Lumps

Freights currently 40% higher than before Middle East conflict Strong African bauxite flows to China tighten bulk carrier supply Japan Metal Daily: The three major Japanese blast furnace (BF)-based steelmakers (Nippon Steel Corporation, JFE Steel Corporation, and Kobe Steel Ltd.) have been forced to increase steel prices in an attempt to pass on higher delivered…