08
Nov
12:03
Voestalpine keeps mixed contract durations, reduces earnings
In the upcoming negotiations for long-term supply contracts to OEMs and other large customers, voestalpine will retain a mix of annual, half-year and quarterly terms, says chief executive Herbert Eibensteiner.
One year ago, many mills were heard trying to keep contract periods shorter, preferring half-year over full-year contracts, presumably in expectation of a spot price surge, which in fact started in December. At voestalpine, “we have not significantly c…
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Anonymous
Very good overview of the weekly steel market.
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