Weak Color 55% Al-Zn Coated Steel in Tokyo

Colored 55% aluminium-zinc coated sheet steel market price is flat with potential weakness at around 230,000 yen per tonne for small coil and 210,000 yen for large coil with 914 millimeters width and 0.35 millimeter thick around Tokyo. The price is expected to decrease when the demand remains low despite slight increase for renovation.

The demand would not increase in September from August and July. Some dealers reduce offer price by more than 10,000 yen per tonne compared with the prevailing price level to secure the sales, according to one dealer source. The market price could decline from the price competition.

The market price increased by 20,000 yen per tonne in July when steel makers increased the price from April shipment. The makers and dealers tried to increase the selling price by 10,000 yen for July shipment. However, they could not increase the selling price due to the demand slowdown. The dealers aim to keep the current reselling price.