Flat Colored Galvanizing Sheet Price

Colored galvanizing flat steel market price keeps flat. The demand which continued the decreasing from April compared with the same month of last year is expected to recover after Bon holiday in the middle of August. Maker and dealers are watching if the shipping increases though the shipping was slower among Bon holiday. The market price was at 215,000 yen per tonne for small coil and at 204,000 yen for large coil around Tokyo. The market price is expected to rise after September when Yodogawa Steel Works, Japanese major galvanizing flat steel sheet maker, will raise the selling price for the shipment in September 1 in demand season. Dealers’ shipment in July is seen to decrease by about 30% from a year earlier following April-June. Dealer source forecasts the price hike penetrate by dealers would become in October due to slower demand. Building construction was delay by the revision of the building standards law. However, the building object is expected to be ordered from autumn. Steel makers or major roofing makers accept big building objects. But dealers’ shipment is slower because middle size building object which has 1,000-2,000 square meters for local builders is less.The supply and demand is becoming loose. The inventory exceeds decent level. Steel sheet makers strongly need to raise the selling price due to increased hot coil price which is material.