Colored galvanizing flat steel market price is flat at 225,000 yen per tonne for small coil and at 204,000 yen for large coil around Tokyo. The price is likely to keep flat in near future instead of that Yodogawa Steel Works announced on Wednesday to increase the selling price by 10,000 yen per tonne for dealers from September shipping. Makers and dealers are expected to keep the market price for a few months until the demand recovery, and to advance improving their selling price.Syuji Sakaguchi, senior operating officer of Yodogawa Steel Works, said the building construction demand is decreasing. The firm decided the price hike from autumn when is the demand season.Other makers will raise their selling price due to increased hot rolled steel coil price.
Japan Steel Scrap Composite Prices (Sangyo Press)03/26/2020
|20000YEN (-)||22000YEN (-)|
|178.94US$ (0.62)||196.83US$ (0.68)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)