Flat H-beam Price in Tokyo

H-beam price is at around 75,000 yen per tonne in Tokyo at dealers’ sites without freight for products with 200 x 100 millimeters widths. The demand stays at the low level and the stock is rather surplus in the market. Customers demand price reduction under the situation and the market center price shifted from 75,000-76,000 yen to 75,000 yen. Distributors are not so concerned with expectation that demand would improve in June. The price would keep flat for a while even with potential decrease.H-beam inventory is likely to peak out after March in the market thanks to makers’ reduction of order reception, even though H-beam shipment maintains stagnant at dealers’ sites in April. Distributors expect they could carry out overstocks as soon as the demand season comes. Demand shows the recovering sign at present. Trading companies, which hold most of the stocks in Tokyo area, also intend to keep the market price level till the demand season. H-beam price would keep flat at 75,000 yen per tonne for a while.