VAMA – Valin ArcelorMittal Automotive Steel – leading supplier of hot stamping material in Chinese market announces a price adjustment to be valid for the H1/2018.
New base price for Usibor®1500 is RMB 8,800 /T Basis Price Ex Works VAMA factory. Extras will be added for different spec and logistics upon delivery point.
The base price of RMB 8,800 /T is an ex works base price without VAT for Usibor®1500, and does not include any extras for specific sizes, tolerances, surface treatment, coil weight, packing, transport and financial costs.
The key drivers for this price adjustment are related to the consistent raw material prices increase (iron ore, coking coal) as well as to precious metals price increase in international market.
VAMA determined to provide comprehensive steel solutions with high technology products helping our customers to achieve challenging targets in terms of weight and emission reductions as well as increasing the safety of the vehicles.
Start of validity: January 2018