|  | 20/08/2004 |
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The Cold-Rolled Steel Sheet Market become Strong
The cold-rolled steel sheet market condition in Tokyo area greeted the turning point. In April-June, although demand and the price stagnated, the short supply feeling is increasing at the time of the shortage of a pickling steel sheet. The market price of the cold-rolled steel sheet hardened the level of 70,000 yen by August. It broke the summer vacation and also buying began to increase and the possibility of a market sudden rise also came out in September or October and the cold-rolled steel market condition went up by 3,000 - 4,000 yen per tonne in about one month, and took the lead 71,000 yen (1.6mm, 3x6). It says, "Sale at a price which is less than 70,000 yen is difficult" (selling contractor).
The cold-rolled steel market condition in April and afterwards had a feeling of stagnation, though it was in the rise trend. It was contrastive with the hot-rolled steel products including a steel plate having gone abruptly up against the background of the supply-and-demand shortage, and the price imputation for a maker price increase remained for completing. The cause of a turning point is the jump of a pickling steel sheet. As for pickling, supply and demand serve as tight-izing and shortage in demand good shape of a car, and the market price is rising abruptly with 74,000 - 75,000 yen. Since pickling and a use overlap, alternative demand has appeared in cold-rolling. It is expected that the supply and demand of steel sheet much more become tight. There is high possible that Steel maker raise the selling price in October and afterwards. It seems that the distributor's hike become still stronger.
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 | The Cold-Rolled Steel Sheet Market become Strong
| | Ferrous Scrap Market Price Declines in Tokyo
| | Sumitomo Metals to Produce 1.6 million tonnes of Steel Pipe in 2004
| | China Shipbuilders Hit Record Order and Production in 2003
| | H-beam price keep increasing in Tokyo
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