U.S. Steel Košice to increase prices next year

Prices should go up by up to €70 per tonne in the first half of 2020.

U.S. Steel Košice will increase prices for its buyers in 2020U.S. Steel Košice will increase prices for its buyers in 2020 (Source: TASR)

The Košice plant of the American steelworks U.S. Steel (USSK) has confirmed that it will raise prices for its buyers in 2020, as initially reported by the Argus Media on December 3.

Related article76 companies will receive compensation for electricity prices Read more 

“We have decided to raise prices because of the difficult situation in the steel industry,” USSK spokesperson Ján Bača told the SITA newswire last week, on December 6.

He did not comment on how much the prices would increase. Based on letters sent by the Slovak steelmaker to buyers, prices would increase by €60 to €70/t in the first six months of 2020, starting to rise at the rate of €25/t as soon as 2020 begins, Argus Media claimed.

The rest of this article is premium content at Spectator.sk
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on Spectator.sk
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on Sme.sk and Korzar.sk

Top stories

News digest: Opening of Bratislava bypass postponed

Interior minister stays, Pavarotti from Slovakia celebrates his 70th birthday and Slovak food producer wins its fourth Great Taste prize.


21 h
Bratislava Mayor Matúš Vallo speaks to foreigners at [fjúžn] festival's "Ask the Mayor" event.

Foreigner’s community has a big voice, but it needs to be more organised

Bratislava Mayor Matúš Vallo addressed the questions and concerns of foreigners in Bratislava during a special Q&A.


23. sep
Reconstruction work on the Monument of Liberation and Victory, unveiled in 1955 in the Dargov mountain pass, which commemorates the liberation of eastern Slovakia from Nazism.

Unusual mousetrap and Dubček's glasses: Slovakia treasures on display in America

Look through event tips, set out on an easy hike and read short culture stories.


24. sep
The new Bratislava sculpture is made of coloured bronze, its height is almost five metres, and it weighs two tons.

Donkey, dog, cat and a rooster: Four friends find a new home in Bratislava

A 'Town Musicians of Bremen' statue has been unveiled in the city.


23. sep
Skryť Close ad