Marcegaglia, new price list for stainless steel welded tubes

Because of the increase in raw material costs, Marcegaglia, the world’s leading industrial group in the steel processing sector, with a turnover of over 5.5 billion euros, has drawn up a new price list for welded pipes stainless steel. «The revision is linked to the continuous increase in raw materials. The new price list was necessary as the continuous increase in the price of raw materials in stainless steel made the current one difficult to apply for the future months. In particular, for high frequency tubes, the bases had to be revised to make the price list operational. The increase connected to the structure of the new price list will be in the order of 7/8%, which will be followed by others for the months of June and July as a result of the continuous increase in the prices of raw materials», said Egidio Bini, Purchasing & Sales Director of Marcegaglia Specialties. The increases will also concern tubes corrosion (laser welding), satin finishing and polishing, with an increase of 15%.