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Japan’s Osaka Steel lifts Sept section prices by $18/t

ABSTRACT

Osaka Steel, Japan’s largest steel section producer and a subsidiary of Nippon Steel, will add Yen 2,000/tonne ($18t) onto its section list prices for September domestic sales, which has been the fourth monthly price increment to pass on higher input costs, a company official confirmed on August 26.
Over June-September, Osaka Steel has increased its section prices by a total Yen 18,000/t to its section prices, as other than steel scrap prices that are under some downward correction though still perching high, input costs such as auxiliary materials are still on the rise, according to the official, and “additional price increment in

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