Inventory of H-beam in Tokiwakai constituted by shaped steel distributors decreased by 3.7% to 189,500 tons on the end of July. It is over stock and critical, building material sales division said. It decreased for the 2nd straight months. And inventory rate is 1.92 months, it dipped below “2 months” for the first time in 7 month. Surplus feeling of inventory has removed because delivery volume is rising strongly on the background of increasing small-lot demand.
Japan Steel Scrap Composite Prices (Sangyo Press)05/19/2022
|60500YEN (-1200)||64800YEN (-1100)|
|467.43US$ (-5.98)||500.66US$ (-4.98)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)