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Arcelor Mittal Announces Price Increase for Next Year

Arcelor Mittal Announces Price Increase for Next Year

23 November 2008

Arcelor Mittal will revise contract prices for steel up to as much as 30%, according to a company press-release. The global metals conglomerate will raise prices in the U.S. by 6-9% in 1H08 said the Wall Street Journal. As a result, world steel prices could increase by 5-10%.

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