Japanese steel-makers raising prices and warning of more hikes

A production line at Nippon Steel & Sumitomo Metal Corp.'s Kimitsu steel plant in Kimitsu, Chiba Prefecture, in May 2018 | REUTERS

Japan’s biggest steelmakers are raising prices of the metal used in everything from cars to skyscrapers and warning of more to come. JFE Holdings Inc.’s steel-making unit will raise prices by ¥20,000 ($160) a ton across all products from April to compensate for surging coking coal and iron ore costs, according to a spokesman at

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