Weak Angle and Channel Price in Tokyo

Equal angle market price is weak tonne at 74,000-75,000 yen per tonne without freight for product with 6 millimeters thick and 50 mm width around Tokyo. Channel price is 80,000-81,000 yen. Dealers’ shipment becomes slower. Dealers’ inventory is increasing. The market keeps flat due to maekrs7 price hike and produced reduction. However, market mood take long time to recover rising.Dealer source said dealers’ shipment decreased by 10% in May from last month around Tokyo. Makers’ shipment keeps low. However, dealers’ inventory seems to increase around 10% from last month. Equal angle price is decreasing to 74,000 yen per tonne. Dealer source said dealers are trying desperately to maintain the market price.These makers’ products which increased by 3,000 yen per tonne are delivered to dealer by degree. Dealers’ stocked products price is rising. The supply is expected to reduce when makers reduce the output by 20-30%. The orders are increasing from users.