15
Apr
11:41
Tokyo Steel maintains May prices
Tokyo Steel has maintained its May sales price unchanged month-on-month, Kallanish notes.
The base price of rebar and hot rolled coils stands at JPY 98,000/tonne ($636.8/t) and JPY 109,000/t respectively. Offers have been sustained for the third consecutive month.
Tokyo Steel held prices level because it expects steel production cuts to stop the current price drop. On the demand side, public infrastructure is recovering amid overall weak construction. Meanwhile, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous