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)02/15/2019
|30300YEN (-)||35200YEN (-)|
|271.9US$ (1.32)||315.87US$ (1.53)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)