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20 May
09:42

Tokyo Steel maintains offers in June

Tokyo Steel's sales price has remained unchanged for the fourth consecutive month in June due to weak balance in both domestic and overseas markets, Kallanish understands. The base price for rebar and hot rolled coils stands at JPY 98,000/tonne ($629/t) and JPY 109,000/t respectively. In overseas markets, European demand is recovering due to easing inflation. The manufacturing industry in the US is also picking up according to this steelmaker. But the Asia ma…
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