Higher H-Beam Price in Tokyo

Construction steel materials dealers try to increase the reselling price after wide hike by Tokyo Steel Manufacturing. The dealers offer 6,000 yen per tonne higher price for H-beam and section steels under cost push pressure from supply side. However, the dealers could have trouble to pass the higher cost price under slow demand when they couldn’t pass even past makers’ hike. The dealers are suffered from higher cost price and lower demand. They tried to increase the reselling price by 2,000-3,000 yen per tonne from the beginning of the year. However, the condition is against for the dealers while the buyers could accept certain price increase under higher raw materials cost. The dealers could reduce the profit if they would fail to pass the higher cost price. The demand is expected to very slow in January-March due to dropped building start under confusion for new building standard law.