19
Sep
11:53
Tokyo Steel hikes prices as domestic orders recover
Japan’s Tokyo Steel announced Tuesday that it will hike its list prices again in October for the second consecutive month. Japanese steel demand meanwhile has fared well recently, with the latest figures for July showing growth from both construction and manufacturing, Kallanish notes.
All prices will increase by JPY 3,000/tonne ($27/t) on the back of higher international prices and good local demand, it says. The increase will leave its rebar prices at JP…
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Anonymous
Very good overview of the weekly steel market.
Anonymous