Nordic steel and car manufacturers on the second half of the car plate price negotiations. Despite unstable economic environment, customers resist price increases, but the steel offer remains strong.

ArcelorMittal last week announced a price increase of 8% -10% in the first half of the contract price based on average the equivalent of 40-50 Euro / ton. Steel mills explained that due to the first half of the contract price is reached in the last 11-12 months, the spot price is very low, so this price increase is necessary. Otherwise a price of 30-40 euros / ton steel, saying the successful conclusion of the portion of the contract.

However, the industry analysis, demand prospects in the third quarter, the current downturn in market sentiment, the price increases can the full realization is still unknown, especially southern European vehicle production cuts national economic problems are more common. But recently ArcelorMittal announced the three-quarter delivery of the car price 10-20 euros / ton, or will play the negotiations must support the role of board of European agents.


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