Arcelor Sections announces March surcharge
Arcelor Sections Commercial, after reviewing the February scrap prices in the European market, decided to change 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 €114 per ton effective for deliveries as of March 1, 2005. The February surcharge on the same products was €108 per ton.