UTC+8 ( BJT)

Nippon Steel rolls over H-beam prices for Sept sales

Nippon Steel, a leading H-beam producer in Japan, has decided to remain its H-beam domestic spot sales prices unchanged for September, so as to give the market one more month to fully digest its price hike for July sales, though it will lift the prices in the coming months to reflect higher input costs, the company announced September 14.
In general, the H-beam demand is expected to recover further from the slump in the past few months because of the virus outbreak, but “it will not be back to the same level as last year, but our production costs have been rising further, and we hope our customers understand our challenging situation,” a


To read the full article take a free 7-day trial to Mysteel Global

+65 6653 8227