Kyoei Steel / For December, To Raise Prices of Rebars by 5,000 Yen / To Reflect Rising Costs Such As Electricity Rates / To Stem Bearish Mood in Market
Leading rebar manufacturer Kyoei Steel has announced that for December, they will raise the sales prices of rebars (deformed bars) by 5,000 at all their Divisions. While scrap prices are seeing a downward trend, manufacturing costs including electricity rates have been rising. The company decided to raise prices at all their Divisions...
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