Colored galvanizing flat steel price is flat at 225,000 yen per tonne for small coil with 0.35 millimeters thick and 204,000 yen for large coil around Tokyo. The market price could keep the level when the demand is slower in un-demand season in June.Distributor source said his firm’s shipment is decreasing by about 10% for January-June compared with the same period of last year.Other distributor said the shipment of residential thin steel sheet decreased by 30-40%. Steel sheet makers said the shipment is low in all over the country. However, the demand for non-residential building such as plant or warehouse is expected to increase for autumn when is demand season from July. Consequently, the shipment for mainly thick steel sheet could increase.Makers said their profit is reduced by higher zinc price. If their shipment would recover, they may raise their selling price of colored galvanizing flat steel.
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Japan Steel Scrap Composite Prices (Sangyo Press)
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