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JFE Steel increases its prices for April

JFE Steel increased the sales prices of all its products in April, making profits on both domestic and export products.

JFE Steel increases its prices for April

JFE Steel announced that it will increase the sales prices of all its products by 10,000 yen in April. The increase in question was the company's first price increase for all products since June 2022.

In addition, JFE Steel also stated that since they anticipate that raw material costs will increase in the near future, they will reflect the increased costs into their sales prices in order to maintain a stable supply to their customers.

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