H-beam inventory in Tokiwakai consisting of shaped steel distributors in the end of March increased by 5.5% from the previous month to 202,900 tons, Nippon Steel & Sumitomo Metal said. It exceeded 200000 tons for the first time in 9months because of a term‐end shipments by makers. Though stock ratio rose by 0.16 points to 2.62 months, it will be excepted to improve to correct level with recovery of demand.
Japan Steel Scrap Composite Prices (Sangyo Press)07/06/2020
|22400YEN (-500)||24500YEN (-500)|
|206.17US$ (-4.81)||225.49US$ (-4.84)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)