Arcelor Sections announces January surcharge

Arcelor Sections Commercial, after reviewing the December 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 January 1, 2007, will be Euro 114 per ton. The December surcharge on the same products was Euro 108 per ton.