DUISBURG, Germany (Thomson Financial) - ThyssenKrupp AG has agreed to a 65 pct price hike for acquiring iron ore from raw material producer Companhia Vale do Rio Doce (CVRD), a spokesman said.
Last year, the German group bought more than 100 mln tonnes of iron ore.
ThyssenKrupp wants to pass on the higher costs to its clients. 'Further price increase will now be unavoidable in the course of the year,' ThyssenKrupp steel head Karl-Ulrich Koehler said.
Last week, ThyssenKrupp said it plans to raise steel prices by up to 100 eur a tonne from April 1 to offset soaring production costs.
- Forums
- ASX - By Stock
- BHP
- iron ore price increase 65 percent
iron ore price increase 65 percent
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
DVP
Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place
NEWS
Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$40.21 |
Change
-0.810(1.97%) |
Mkt cap ! $203.9B |
Open | High | Low | Value | Volume |
$40.57 | $40.59 | $40.06 | $321.6M | 7.985M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 5550 | $40.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.22 | 5300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5550 | 40.200 |
1 | 5000 | 40.190 |
2 | 4739 | 40.180 |
2 | 849 | 40.160 |
2 | 1530 | 40.150 |
Price($) | Vol. | No. |
---|---|---|
40.220 | 5300 | 2 |
40.240 | 43455 | 2 |
40.250 | 3000 | 1 |
40.270 | 3950 | 3 |
40.290 | 7005 | 1 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |