H-Beam Price Increases around Tokyo

H-beam market price increased by 2,000 yen to 65,000-66,000 yen per tonne around Tokyo, which is 5,000 yen higher than the bottom price in January. The dealers increased the offer to 70,000 yen after Tokyo Steel Manufacturing announced the firm increases the price to 74,000 yen from the order in April. The dealers plan to increase the offer to 75,000 yen. Section steels price would increase as same as H-beam. H-beam shipment remains low. However, the dealers plan to increase the price while the inventory is decreasing.

Equal angle steel price would increase as same as H-beam. Osaka Steel announced the firm increases the price by 7,000 yen per tonne from the order in April. The dealers increase the offer to 78,000 yen from 75,000 yen around Tokyo and the dealers plan to increase the price to 80,000 yen after the price hike by Osaka Steel. Channel steel would increase to 5,000 yen per tonne higher than equal angle steel when the maker expands the price gap between channel and angle to 5,000 yen while the market price of channel is 2,000-3,000 yen higher than angle now.