Firm H-Beam Price in Tokyo

H-beam market price is flat at around 119,000 yen per tonne without freight from dealers’ warehouse for 200 by 100 millimeters width around Tokyo when Nippon Steel didn’t change the selling price for the contract in June.Dealers’ shipment became slow into June, which decreased by 10% from May. Dealers’ inventory is increasing when arrival goods volume keeps flat. Some size products are short. However, the supply and demand didn’t become tight. Dealers are to wait and see when they completed to pass increased purchase price on selling price. They aren’t passing H-beam price hike by Tokyo Steel Manufacturing on selling price, yet. The market price is losing rising steam. Some dealer entertains the measure to reduce inventory burden.Many dealer prospect Tokyo Steel Manufacturing’s sales price in July order doesn’t make impact to the market price. Dealers consider clean risk, which are selling with deliberation. The market price is expected to keep still.