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21 Oct
12:26

Tokyo Steel keeps steel prices firm in November

Tokyo Steel Manufacturing, Japan's leading electric arc furnace steel producer, announced that it will keep its hot rolled coil and sections prices unchanged in November. This is mainly to allow spot prices time to catch up to its price increase for these products in October, Kallanish notes from the company. In November, the prices of Tokyo Steel's H-beams will stay steady at JPY 81,000/tonne ($769/t), and hot rolled coil will remain u…
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