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19 Jul
13:58

Electrolux increases North American prices on steel tariffs

Electrolux, the Swedish headquartered white goods giant, announced this week during its second-quarter results presentation that US steel tariffs have forced it to further increase the price of its products. Kallanish understands that prices for appliances produced by Electrolux in the North American market will be raised by some 2% and could be increased further if input costs move up more. Reuters reported that the group's chief executive, Jonas Samuels…
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