NOTE: No news updates over Sept 20-21 due to the Mid-Autumn Festival in China.
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Tokyo Steel lifts Aug plate and long prices, others flat

ABSTRACT

Tokyo Steel Manufacturing, Japan’s leading electric-arc furnace producer, will add Yen 5,000/tonne ($45/t) to its plate list price and Yen 3,000/t to longs, both for August sales to reflect supply tightness and narrow the price gap with its other products, the company announced on July 13.
“The price adjustment is based on the previous hike range, and to reflect the tightness in supply,” explained Kiyoshi Imamura, a company managing director, as for the products such as hot-rolled, pickled and galvanized coils and sheets, their prices have been consistently raised in accordance with spot markets, hence no need to adjust their

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