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20 Nov

Tokyo Steel maintains offers for fifth straight month

Japan’s Tokyo Steel on Monday decided to keep its offers for December contracts unchanged, indicating price stability for the fifth month in a row, Kallanish notes. For mainstream products, the new prices are JPY 112,000-114,00/tonne ($752-765/t) for hot rolled coil, with pickled coil at an extra JPY 10,000/t. Thick plate is offered at JPY 118,000-122,000/t, while deformed bar quotes are still at JPY 98,000-99,000/t. To adjust for the increase in transporta…
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