Arcelor Sections announces April surcharge

Arcelor Sections Commercial, after reviewing the March scrap prices in the European market, decided to increase its scrap surcharge on all beams and sections, according to a statement released by the company. Arcelor announced that the new scrap surcharge will be Euro 94 per ton effective for deliveries as of April 1, 2006. The March surcharge on the same products was Euro 81 per ton.