Hot-rolled steel sheet market price is flat due, which is at 103,000-105,000 yen per tonne. Pickled steel sheet market price is 108,000-110,000 yen per tonne. Some dealers are selling at cheaper price.Tokyo Steel Manufacturing announced on Tuesday the firm decreased selling price by 12,000 yen per tonne in sales for September for all times due to decline of ferrous scrap market price or sheet market price in Asia. Dealers’ shipment keeps slow due to weak demand for building material. However, the firm’s sales price is yet higher than Japanese other makers. Moreover, higher price products are delivered to dealers from makers when makers increased selling price in July. Consequently, most dealers or coil centers keep higher price when their purchase price is increasing yet.Dealer source said they are trying hard to keep selling price.
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Japan Steel Scrap Composite Prices (Sangyo Press)
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