Sumitomo Pipe and Tube announced on 26th that SEYMOUR TUBING, INC, a subsidiary, will create No.4 Line for Pipe production in factory site. The firm aims to increase production ability and take appropriate supply system for Japanese-descended automobile parts makers and keep pace with increasing demand of steel pipe for automobile in United States. Monthly production ability will rise by 27% to 7,000 tonnes.
Japan Steel Scrap Composite Prices (Sangyo Press)07/10/2020
|22100YEN (-)||24200YEN (-)|
|204.38US$ (0.34)||223.8US$ (0.37)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)