Arcelor Sections announces March surcharge

Arcelor Sections Commercial, after reviewing the February 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 81 per ton effective for deliveries as of March 1, 2006. The February surcharge on the same products was Euro 72 per ton.