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Tokyo Steel roll over steel list prices for May sales

Tokyo Steel Manufacturing, Japan’s leading electric-arc-furnace mill, has decided to keep its finished steel prices for May sales unchanged while closely monitoring the market situation, according to the company’s announcement on April 20.
With the latest decision, the company’s SPHC grade 3mm hot-rolled coil price, thus, will stay at Yen 62,000/tonne ($575/t) for May booking and that for SS400 grade 100x200mm H-beam price will remain unchanged at Yen 76,000/t. The COVID-19 has slowed down consumers’ consumption and business activities, and the impact has been transmitted from the downstream to

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