Tag: Sumitomo Metal Mining

Japan: Sumitomo Metal Mining to raise prices for copper, brass products amid rising costs

Jul 31, 2024

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by

Adarsh Ramteke

in Copper, Non Ferrous

According to Japan Metal Daily, Sumitomo Mitsui Metal Mining Co., Ltd. will seek a price increase of at least JPY 30/kg ($ 0.196/Kg) for copper and brass strips starting in Aug’24 due to rising manufacturing costs. In Japan, higher labour and logistics costs, impacting companies. Sumitomo is facing repair and maintenance expenses. President said the…