19
Jun
08:05
Tokyo Steel cuts quotes for July sales
Tokyo Steel decided to cut offers on Monday of some products for July sales. This comes after it kept long and flat product prices unchanged for two and three months respectively, Kallanish notes.
Quotes for deformed bar and hot-dip galvanized steel coil will be subject to a reduction of JPY 5,000/tonne ($35.3/t) and JPY 7,000/t respectively.
Products facing a cut of JPY 10,000/t in July offers include hot rolled coil, checkered coil/sheet and thick plate. Flat-r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous