UTC+8 ( BJT)

Nippon Steel’s H-beam price flat for Oct domestic sales

ABSTRACT

Nippon Steel, Japan’s largest integrated mill, announced on October 14 to keep its H-beam list price for spot domestic sales unchanged so that the market has one month to digest the previous months’ price hikes, though it highlighted the possibility of price increment for November.
Nippon Steel Structural Shapes, the company’s section subsidiary based in Wakayama of western Japan, has also followed the group company by rolling over its H-beam prices on month for October sales, though it pointed out the rising production costs due to ferrous scrap, auxiliary materials and power charges. Japan’s spot market price rose by Yen

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