Yamato Steel and Sumikin Steel & Shapes apparently reduced the H-beam selling price for the distributors, according to market sources. They followed the price down for December order by Tokyo Steel Manufacturing.
Yamato Steel reduces the selling price by 5,000 yen per tonne for December shipment while Sumikin Steel & Shapes reduces the price by 40,000 yen for December shipment. They already notice the price cut to the dealers. Sumikin Steel & Shapes, which kept the selling price previous month even when Tokyo Steel reduced the price by 35,000 yen per tonne, adjusted the price to the level of competitors. The makers also reduce the output volume when the dealers are reluctant to build inventory under slow demand.| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Sep | ||||||
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | |
Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/22| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 265.56US$ (1.04) | 277.78US$ (1.09) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
