Flat Cold Rolled Steel Sheet

The market price of cold rolled steel sheet keeps flat. The price is likely to change by whether demand is recovered in the store sale market which is downscaling. Steel sheet is in the course of inventory adjustment and supply and demand are easing mainly an imported coil. Demand still reaches a new low and the weak mood of the price cannot be denied. According to Hanwa Co.,Ltd, the stock of imported steel products at quay in the Tokyo area at the end of March decreased by 19% from the end of February, and it has begun to decrease.The distributors maintain the selling price and it keeps flat barely. Since Tokyo Steel Manufacturing raised the steel sheet price, coil centers may pass on the cost increase to the selling price.The market price is around 80,000-81,000 yen per tonne for the product with 1 millimeter widths,3 feet wide and 6 feet length. If the order to the distributors arrives before Golden Week holidays, bottoming out of the market price can be confirmed.