Nippon Steel keeps H-beam prices flat for June spot sales

Nippon Steel, Japan's largest integrated mill and a leading H-beam producer, has decided to keep its H-beam prices for June domestic spot sales unchanged on month, so that the market can use another month to digest the previous hikes by producers, the company announced on June 21.

Nippon Steel Structural Shapes, Nippon Steel's subsidiary in Wakayama in western Japan, has also rolled over its H-beam prices for this month, with cutting acceptance or orders by 30% compared to those in May because of its planned shutdown in July, according to the company. Both companies had previously added