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Aichi Steel raises stainless steel prices over February contract

Japanese steelmaker Aichi Steel has increased its stainless steel (shaped steel/round bar) sales prices compared to the February contract.

Aichi Steel raises stainless steel prices over February contract

Japanese steelmaker Aichi Steel has increased its stainless steel (shaped steel/round bar) sales prices by 15% compared to the February contract. The company decided to increase prices due to cost pressure.

Company president Takahiro Fujioka said that he will also consider revisions in product prices depending on the future trend of raw material prices.

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