Steve Cahillane said the breakfast cereal giant – which so far has essentially avoided hiking prices – is finally expecting to crumple amid worsening inflation, lingering supply chain disruptions, a workers’ strike, a plant fire and the war in Ukraine.
Rexam, which shed its UK glass unit for a £24m loss earlier this
year, said today it has benefited in the first half of 2005 by
successfully passing on aluminium price increases to its
World steel consumption is still being driven by strong Chinese
demand, and steel giant Arcelor's third quarter results underline
this trend, writes Anthony Fletcher. But is the end of high
prices in sight?