GERMANY: Major steel producers to drop multiyear price deals - bad news for carmakers and suppliers
Europe's No. 2 steel producer, Corus, will stop making multiyear deals with automakers as a result of volatile steel prices. Arcelor, the world's No. 1 steel maker, also is expected to restructure its contracts with automakers and suppliers, reports Automotive News Europe.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable