Price of Engine Raises
28 August 2008
|
Soaring raw material prices are pressuring engine makers, and most of them are mulling price raises with 10 and 15 percent recently.
Steel comprises 98 percent of an engine. Skyrocketing iron ore prices will undoubtedly affect engine makers' purchasing costs. Experts believe that at least a 10 percent rise in engine prices could offset engine makers' rising costs. |
Source : english.chinabuses.com
Editor : Frederick
Views：3715
Share :
