Mitsui Mining and Smelting to Increase Margins | - 0 views
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Susanna Keung on 03 Jul 08Following the announcement last week that several Japanese rolled copper makers are to increase their rolling margins for rolled copper products, Mitsui Mining and Smelting announced it is seeking a Y20-30 per kilogram increase in rolling margins for its brass strip and flat rolled products. This is to cover the higher costs for energy, freight and subsidiary materials and is to be implemented for loss making items, which are mainly in the brass products line. Mitsubishi Shindoh, Japan's largest copper flat rolled and strip products maker, also recently announced it was increasing its rolling margins.