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Iron and Steel News03/11/2010

Japan Steels to Hike GO Electrical Steel Export by US$ 500-600/t
Japanese integrated steel makers decided to increase the export price of grain oriented electrical steel by US$ 500-600 per tonne for April. They expect the higher price is accepted by the buyers when worldwide steel price increases under higher cost for iron ore and coking coal along with recovering power project in the world while the electrical steel supply is balanced. They focus on the price first rather than the volume. They eye additional US$ 500-600 hike for second half of fiscal 2010 starting April.


Today's Japan Metal Bulletin E-mail
Japan Steels to Hike GO Electrical Steel Export by US$ 500-600/t
Japan Ferrous Scrap Export Price Hits 34,025 Yen/t, Kanto Tetsugen's Tender
Daido Steel to Increase Stainless Wire Rod Price by 5,000-10,000 yen/T
Strong Rebar Price in Tokyo
Godo Steel to Increase Wire Rod Price by 15,000 yen/T

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