Arcelor Sections announces December surcharge

Arcelor Sections announces December surcharge

Arcelor Sections Commercial, after reviewing the November scrap prices in the European market, decided to slightly 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 €78 per ton effective for deliveries as of December 1, 2005. The November surcharge on the same products was €75 per ton.