16
Aug
15:00
EU carmakers hammer components suppliers after steel drops
Steel-based automotive components suppliers say they are suffering in ongoing contract negotiations with carmakers, which are exerting their bargaining power to push prices down. This is having an indirect impact on automotive steel pricing talks.
This is a relatively customary scenario, but, in some cases this year, the squeeze for small and medium-sized suppliers is worse than in other years, Kallanish hears from a manager of one European automotive components s…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous