H-beam inventory in Tokiwakai consisting of shaped steel distributors in the end of October decreased by 3.6% from the previous month, it was the decrease for the first time in 2 months, Nippon Steel & Sumitomo Metal said. Stock ratio dropped by 0.23 points to 1.69 months because stock level got tight caused by the highest level outgoing volume in 5 years.
Japan Steel Scrap Composite Prices (Sangyo Press)03/08/2021
|42300YEN (-)||44100YEN (-)|
|386.76US$ (-1.67)||403.22US$ (-1.74)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)