Sheet steel market price is strong at 62,000-64,000 yen per tonne for hot rolled flat steel, 63,000-65,000 yen for pickling steel and 74,000-77,000 yen for cold-rolled steel sheet. The price is 86,000-88,000 yen for galvanizing steel based on hot coil and 95,000-98,000 yen for galvanizing cold rolled flat steel around Tokyo.
Tokyo Steel Manufacturing, Japanese major hot rolled sheet maker, raised sheet selling price by 5,000 yen per tonne for September contracts. The market is expected to follow the price up soon. However, sheet shipment maintains slow for buildings or machines. Speculative demand calmed down until July. Coil centers and dealers are raising reselling price but fluid market is expected to continue.| M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
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