Japanese imported flat steel inventory at quay in Tokyo and Osaka decreased by 5.5% or 7,000 tonnes to 120,000 tonnes in May from April, which decreased for the first time in 2 months, announced by Japanese major steel trading firm, Hanwa Co. on Friday. The inventory was 35.8% or 67,000 tonnes lower than a year earlier level. The lower stock was due to lower new arrivals, not higher demand.
The inventory in Osaka decreased by 3.2% or 2,000 tonnes to 59,000 tonnes in May from April. The inventory decreased by 25% or 1,000 tonnes to 3,000 tonnes for plate, by 6.4% or 2,000 tonnes to 29,000 tonnes for cold rolled coil while the stock increased by 3.8% or 1,000 tonnes to 27,000 tonnes for hot rolled coil. The stock in Tokyo decreased by 7.5% or 5,000 tonnes to 61,000 tonnes in May from April. The stock decreased by 11.1% or 1,000 tonnes to 8,000 tonnes for plate, by 6.8% or 3,000 tonnes to 41,000 tonnes for hot rolled coil and by 7.6% or 1,000 tonnes to 12,000 tonnes for cold rolled coil.M | T | W | T | F | S | S |
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« Apr | ||||||
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6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Japan Steel Scrap Composite Prices (Sangyo Press)
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