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Iron and Steel News06/15/2010

Tokyo Steel Cuts All Steel Items by 7,000-9,000 yen/t
Tokyo Steel Manufacturing announced on Monday the firm reduces the selling price of all steel items by 7,000-9,000 yen per tonne for distributors for July order. The firm reduces the price by 7,000 yen for major items including hot rolled coil and H-beam while the price decreases by 9,000 yen for picking steel. That is the first price down for all items since November 2009. The firm renews the price when ferrous scrap market decreases and import steel increases.


Today's Japan Metal Bulletin E-mail
Tokyo Steel Cuts All Steel Items by 7,000-9,000 yen/t
JFE Steel Continues Output Cut of Gas Pipe for Jul-Sep
Sojitz to Expand Investment for Ferrous Materials
Tokyo Steel's Price Cut to Impact Flat and Long Product Market Prices
Japan Carbon Steel Order Rises by 1.2% in April

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