H-beam inventory in Tokiwakai consisting of shaped steel distributors in the end of October decreased by 2.4% from the previous month to 207,900 tons, Nippon Steel & Sumitomo Metal said. Stock ratio drops by 0.23 points to 2.05 months. They analyze that some area has a bit heavy stocks though their volume decreased, and think that correct stock volume is 190,000 tons level.
Japan Steel Scrap Composite Prices (Sangyo Press)04/24/2019
|30600YEN (-300)||34600YEN (-300)|
|270.92US$ (-2.87)||306.33US$ (-2.9)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)