Flat Ni Stainless Cold Sheet Price, Strong Cr Series in Tokyo

Stainless cold rolled flat steel market price is flat at around 510,000 yen per tonne for SUS304 base size around Tokyo while the price is strong at around 250,000 yen for SUS430. Dealers’ shipment for nickel series products is slow when the demand isn’t still recover and nickel price is decreasing.Chrome series products market price is increasing thanks to rising ferrochrome price. But the climbing speed is lagging when dealers’ inventory is increasing and dealers’ shipment for nickel series products is slow.Coil centers’ inventory slightly increased in April from March due to increased their sales. The inventory rate decreased to 2.0 months of shipment when dealers’ inventory adjustment progressed. However, dealer source said the demand for mainly building materials keeps slow.Chrome series products market price is expected to rise to about 270,000 yen per tonne due to rising material price.