Arcelor Sections announces February surcharge

Arcelor Sections Commercial, after reviewing the January scrap prices in the European market, has decided to increase its scrap surcharge on all beams and sections, according to a statement released by the company. Accordingly, the scrap surcharge which will be effective for deliveries as of February 1, 2007, will be Euro 116 per ton. The January surcharge on the same products was Euro 114 per ton.