H-beam Market Price is Flat at 75,000 Y/T in Tokyo

Market price of H-beam is flat at 75,000 yen per tonne for base size with 200 by 100 millimeters widths around Tokyo. It seems that the inventory adjustment is advancing although the order for dealers decreased slightly from the last half of July. H-beam shipping is continuing to below at 30,000 tonnes per month from the beginning of this year in Tokyo among distributors dealing Nippon Steel’s products. But, the shipping in the last month increased to 29,953 tonnes. It would can profound the rebound in demand if the shipping achieve at 30,000 tonnes. Moreover, the balancing order period of middle class fabricators increased to 3-5 months from 2-3 months. The wave of rebound in demand is certainly closing by degrees.