MADRID, Oct 2 (Reuters) - Spanish steel producer Acerinox
said on Tuesday it has decided, with immediate effect, to raise it base prices by 50 euros ($64.53) per tonne in Europe.
"This is one of the measures Acerinox is taking to return to reasonable margins after a long period of stainless steel price deterioration and increases in raw materials and supplies," Acerinox said in a statement to the market regulator. ($1 = 0.7749 euros)
(Reporting By Paul Day; Editing by Jesus Aguado)
Keywords: SPAIN ACERINOX/