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Contract customers wage fight over steel surcharges.

Publication: American Metal Market
Publication Date: 03-FEB-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
PITTSBURGH -- North American steel mills are seeing mixed results in their efforts to secure raw material surcharges from their customers.

Most industry observers said the mills were getting the full surcharges in spot market buys but were having more difficulty obtaining the surcharges from contract customers. Only Nucor Corp., Charlotte, N.C., claimed to be receiving all surcharges from all customers, a contention some observers disputed.

"Our prices are being accepted across all product lines," Daniel R. DiMicco, Nucor's vice chairman, president and chief executive officer, said in a conference call with...

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