Tokiwakai H-beam inventory Falls to 220,000 Tons

H-beam inventory in Tokiwakai consisting of shaped steel distributors in the end of June decreased by 4.0% from the previous month, it was the decrease for the first time in 2 months, Nippon Steel & Sumitomo Metal said. Stock ratio was 2.48 months, it shows overplus feeling. Though inventory adjustment is in a delay, some related parties said that orders have been increasing from July. Nippon Steel & Sumitomo Metal continues to decrease output and control order receipt, and try to control supply volume to the market. Inventories will get to just volume in the middle of August.

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