Nissan, JFE agree to increase steel prices by JPY13,000 in H1 fiscal 2012

News

Increment likely to be effective before the Toyota-Nippon Steel negotiation

Nissan and JFE Steel are expected to reach on an agreement to increase price of steel sheet by JPY13,000 (USD162.3) a ton for the first half of the current financial year (FY) 2011/11 compared with same period a year ago, reports the Nikkei.

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