|  | 12/15/2009 |
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Tokyo Steel Cuts Steel Price by 2,000 yen/t
Tokyo Steel Manufacturing announced on Monday the firm decreases the selling price by 2,000 yen for all items excluding wire rod for distributors for January order. With the price cut, the H-beam price hits the lowest level since February 2004 order while the hot rolled coil price decreases to the lowest level since July 2009 order. The firm reduced the price for most of the items when the domestic market price accelerated to decrease and the import could increase under higher yen rate while the firm left the wire rod price unchanged due to relative high level of order backlog.
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 | Tokyo Steel Cuts Steel Price by 2,000 yen/t
| | NSSC Increases New Dual Phase Stainless Plate
| | Rebar Market Price Keeps Weak Trend in Tokyo
| | Low Carbon Steel Wire Price is Weak Tone in Tokyo
| | Flat Ferrous Scrap Price in Tokyo
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