Tokyo Steel rolls over carbon steel list prices for June

Tokyo Steel Manufacturing, Japan's leading electric-arc-furnace producer, has decided to roll over its carbon steel prices for June domestic sales, mainly to wait for its previous hikes to be digested by the market, the company announced on May 16.

Tokyo Steel has added a total of Yen 13,000/t ($101) for all products since March, as Mysteel Global reported. "Japanese market prices of long products have been rising gradually, but those for flats are still stagnated," Kiyoshi Imamura, the company's managing director explained. He added that overseas market prices are