Arcelor Sections announces March surcharge

Arcelor Sections Commercial, after reviewing the February 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 March 1, 2007, will be Euro 128 per ton. The February surcharge on the same products was Euro 116 per ton.