Tokyo Steel rolls over domestic prices again but sees ‘bottom’

Japan’s Tokyo Steel has kept its December-delivery domestic long and flat steel prices unchanged, as it waits for signs of a supply-demand balance in the local market.


This will be the second consecutive month of stability following cuts of as much as ¥10,000 ($81) per tonne which were implemented for October shipments. The largest electric arc furnace (EAF) operator in Japan, Tokyo Steel will continue to sell SS400-grade, base size H-beam at ¥70,000...

Published

Juan Weik

November 19, 2015

10:45 GMT

Singapore