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US: Steel suppliers seek variable price contracts

The volatile price of iron ore is leading steel manufacturers to seek a move away from fixed-priced contracts with vehicle manufacturers in favour of variable pricing. Automotive News (AN) reports that AK Steel Corp. plans to offer its customers a choice between a variable pricing scheme with relatively low prices, or a It’s time to log … Continued

The volatile price of iron ore is leading steel manufacturers to seek a move away from fixed-priced contracts with vehicle manufacturers in favour of variable pricing.

Automotive News (AN) reports that AK Steel Corp. plans to offer its customers a choice between a variable pricing scheme with relatively low prices, or a

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