Firm Sheet Steel Price in Tokyo

Sheet steel market price is firm with strong tone at around 100,000-103,000 yen per tonne for hot rolled flat steel, at 104,000-107,000 for pickling steel and at 109,000-112,000 yen for cold rolled flat steel at dealers’ site around Tokyo. The price is likely to keeps firm under tight supply and higher international price.Dealers’ shipment became slow when advance order decreased after long holidays in May. Coil centers or dealers wit and see. The supply and demand keeps tight when the demand is firm for automobile, appliance or industrial machinery.Pickled steel sheet and cold rolled steel sheet import volume is slightly increasing. But total steel sheet import volume is continuing decrease from a year earlier. Makers are cutting the order from dealers. Some size products are short in the market.