Firm Stainless Plate Price in Tokyo

Stainless steel plate market price is flat at 540,000 yen per tonne for SUS304 hot rolled coil cut plate with 3-6 millimeters thick and 660,000 yen for plate mill products with 7-14 mm thick around Tokyo. The supply meets the demand when dealers finished adjusting the inventory.

Nippon Steel & Sumikin Stainless Steel decreased the selling price by 5,000 yen per tonne for distributors for June order. The demand is increasing for specific users when vacuum chamber demand is strong for solar battery and liquid crystal television, and civil construction order is starting for flood gate or .dam. The supply and demand would be tight if the demand for dealers increases.

Domestic inventories of nickel series hot-rolled stainless steel plate was 35,546 tonnes in May, according to stainless plate shearing processor association. The sales volume was 10,030 tonnes, which exceeded 10,000 tonnes for 2 consecutive months.