Strong Steel Plate Price in Tokyo

Plate steel market price is flat with potential increase at around 80,000 yen per tonne for standard sized products with 19 millimeters thick, 5 feet width and 10 feet length and at 95,000-100,000 yen for processed plate around Tokyo.Demand keeps active for shipbuilding, construction and industrial machinery, recovering for bridge and building construction as well. Integrated steel makers continue full operation and the rolling lead time becomes longer. There is stock out in some sizes at dealers’ inventories.Another positive factor is favorable condition of middle thick steel sheet market. Some shearing processors are being busy while other processors are not under influence of purchase integration by large users. However, sub shearing processors are getting orders actively when construction projects are gave out orders ahead of schedule. Some shearing processors already raised their selling price under the strong market condition, while steel plate makers set their selling price unchanged. The market price maintains strong for a while.