Peiner Träger raises section prices

21.11.2012

Peiner Träger GmbH (Salzgitter Group) is announcing an increase of € 100 per ton in its European steel section prices.

The new prices apply to all orders placed from November 26, 2012, onward and are valid for the entire range of heavy, medium and light sections.

The increase was necessitated by the price erosion that has taken place over the course of 2012 and the currently high volatility of scrap costs. It was implemented in anticipation of production costs continuing to climb in 2013.

As lower levels of inventory stocks are expected at year-end 2012 in Europe, demand is set to pick up momentum in January and settle at a normal level.
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