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ArcelorMittal S.Africa to cut some flat product prices

1 March 2012 By admin

JOHANNESBURG Feb 29 (Reuters) – ArcelorMittal South
Africa, a unit of the world’s top steelmaker,
said on Wednesday it would cut prices for some of its flat steel
products by between 2.5 and 5.4 percent from March 1.

Prices for plate products would decrease by an average of
5.4 percent, those for hot rolled and cold rolled products by an
average of 2.5 percent and those for certain galvanized products
by an average of 4.8 percent.

Prices for long products will remain unchanged, it said in a
statement.

(Reporting by Agnieszka Flak)

© Thomson Reuters 2012 All rights reserved





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Filed Under: South Africa Tagged With: news, reuters, south africa

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