The market price of carbon steel tubes for general structural purposes is weak at around 117,000 yen per tonne for structural steel tube for base size and 135,000 yen for gas pipe by integrated steel makers around Tokyo. The price is expected to be weak at the beginning of the New Year due to slow demand.
The shipment remains very low due to the off-demand season. Some dealers’ transaction price is much lower than the market price. One major dealer source said the demand would decline more for April-June compared with January-March. Small and medium size construction starts would stay at low level and the demand for civil engineering work would remain low when the public works decreases.Japan Steel Scrap Composite Prices (Sangyo Press)
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