Tokyo Steel Manufacturing announced on 20th the firm will raise all kinds of steel products selling price for distributors at September contract. bar steels except deformed steel bar and square steel tube increased by 3,000 yen per tonne, and deformed steel bar, square steel tube and steel sheets increased by 2,000 yen. All kinds of price hike is for the first time in 11 months since October 2011.
Japan Steel Scrap Composite Prices (Sangyo Press)07/06/2020
|22400YEN (-500)||24500YEN (-500)|
|206.17US$ (-4.81)||225.49US$ (-4.84)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)