Strong H-Beam Price in Tokyo

H-beam market price is flat with strong tone at around 80,000 yen per tonne for base size with 200 by 100 millimeters width around Tokyo.Dealer source said each dealer’s shipment decreased by 20-30% in September from August. It is hard for dealer to pass makers’ price hike on dealers’ selling price due to lower demand. Makers’ products which were increased the price has started to be delivered to dealer. Each dealer7s purchasing price is increasing. Building construction area of steel structure decreased by 45.7% in August from the same month of last year, according to Ministry of Land, Infrastructure and Transport on Friday. The demand is less likely to recover for a short period due to low building construction area. The general view is that small and middle building projects would realize from December. The view prevails that makers would more raise the selling price within this year. It’s urgent that dealers pass the price hike on the selling price.