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19 Jan
07:39

Tokyo Steel holds February offers steady

Japan’s Tokyo Steel has decided to hold its steel prices unchanged in February, maintaining the calm since the latest, October adjustment. This leaves prices for steel bars at JPY 89,000/tonne ($779/t), while H-beams stand at JPY 111,000/t, Kallanish notes. “It is inevitable that steel production costs will rise further in the spring and beyond, and it will be essential to pass on the higher costs to product prices, but we’ll keep …
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