25
Nov
14:25
Kyoei Steel lifts rebar offers after five months
Osaka-based Kyoei Steel, Japan’s largest independent rebar manufacturer, announced last Thursday that it will raise the domestic sales prices of its rebar by JPY 5,000/tonne ($36/t) for December deliveries, Kallanish observes.
This is the first price increase since June, when the company added JPY 10,000/t on top of May offers.
Kyoei Steel says it is necessary to transfer high costs to its products prices, because of rising electricity bills and manufacturi…
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Anonymous
Very good overview of the weekly steel market.
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