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Japan’s Osaka Steel up Aug section list prices by $27/t


Osaka Steel, Japan’s largest steel section producer and a subsidiary of Nippon Steel, will add Yen 3,000/tonne ($27/t) onto its section list prices for August domestic sales, or the third consecutive month for its efforts to transfer rising production costs, a company official confirmed on July 28.
Over June-August, Osaka Steel, thus, has increased its section prices by Yen 16,000/t in total, though that has not been sufficient, according to the official, and “additional hikes in the following months” will be in plan, according to him. Osaka Steel does not disclose its actual list prices, but Japan’s spot sections prices have


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