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Iron and Steel News04/21/2008

Japan Rebar Demand to Drop by 10% in April-June
Japanese demand of concrete reinforcing steel bar is likely to decrease by around 10% to around 2.7 million tonnes in April-June from same period of 2007. A rebar maker source concerns the demand could decrease more when condominium sales decrease due to the higher selling price along with the slower building activity nationwide caused by the new building standard law. The market has uncertainty when general contractors revise the building plan, mainly for small and medium sized building under slower demand and higher steel and materials price.


Today's Japan Metal Bulletin E-mail
Japan Rebar Demand to Drop by 10% in April-June
Electric Furnaces Raise Ferrous Scrap Buy Price in Tokyo
Japan Import Flat Steel Stock Drops by 7.8% in March
Strong Sheet Steel Price in Tokyo
Firm Stainless Plate Price in Tokyo

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