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Nippon Steel lifts domestic Nov H-beam prices by $26/t

ABSTRACT

Nippon Steel, Japan's largest integrated mill, announced on November 11 to increase its H-beam list price for spot domestic sales by Yen 3,000/tonne ($26/t) with immediate effect, as production costs have been rising.
With the latest adjustment, Nippon Steel and its subsidiary Nippon Steel Structural Shapes in Wakayama in western Japan that has taken the same move, have raised their H-beam prices by a total of Yen 26,000/t over May-November with August and October exempted due to rising costs in scrap, auxiliary materials

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