Flat Plate Steel Price around Tokyo

Plate steel market price is flat at around 88,000 yen per tonne for standard size with 19 millimeters thick, 5 feet width and 10 feet length and 95,000-100,000 yen for cut processed materials around Tokyo. While integrated steel makers increased the selling price, the demand stays at low level.

The dealers’ shipment slows for construction. Some shearing processors’ operating rate is less than 50%. The capital expenditure by private companies has no sign of increase and the operation of steel frame fabricators remains row. The dealers would have experience hard time to increase the reselling price.

While the integrated steels’ selling price is increasing, Tokyo Steel Manufacturing reduced the price by 7,000 yen for the shipment in July. The dealers would have difficulty at the pricing under mixed sign with price hike pressure by integrated steel makers and downward pressure by Tokyo Steel.