Nippon Steel holds H-beam prices again

Despite H-beam inventories approaching a 19-month low, Nippon Steel has decided to keep its domestic beam prices for August sales (September roll) unchanged, the company has announced.

"The inventory ratio (for beams) has improved, and we recognize that there is no problem with the current supply-demand balance, but we will continue to monitor it," the company said in a statement, adding that it will retain its existing price policy for this month. Nippon Steel never reveals its