Severer Price Competition for Nails, Japan

Price competition is being even severer for common nail products in Japan. Retail shops such as hardware stores are decreasing the reselling price when imported products are increasing. Specialized dealers for steel wire products can’t counter against retail shops.

Imported nail products occupy high share in Japanese nail market compared with other steel wire products. One of the main imported products is combined nail and another is woodworking screw such as Course Thread.

Course Thread is used for fastening of base sheets and interior materials, sold at 400 pieces, 500 pieces or 1000 pieces per box. The product is delivered through various roots with increasing imported products.

Because retail shops directly import nail products and entrust the production to overseas nail makers, nail market price is decreasing. Steel wire dealers are forced to reduce the reselling price. Specialized dealers can’t get profit by the sales of the nail products.

Course Thread market price makes an impact on nail products since Course Thread is used as a substitute for nails. The market for house and building continues decreasing.