H-Beam Price Increases to 100,000 Yen/t around Osaka

H-beam market price achieved at 100,000 yen per tonne around Osaka. The price increased by 20,000 yen per tonne from the beginning of this year. The market price is expected to keep rising tone when makers considerably increased selling price due to increased material price. Dealers raised selling price. Order to dealers is increasing when speculative demand was generated. On the other hand, makers are reducing output and shipment to dealers. Dealers’ inventory is decreasing. Dealer source said inventory is running short with most size. Dealer source said market price at 100,000 yen is pass point due to increasing material price. Many dealers will raise selling price.