Tokyo Steel adds $31~44/t to product prices for April

Tokyo Steel Manufacturing is raising the list prices of all major flat and long products in its catalogue for domestic sale in April by Yen 5,000~7,000/tonne ($31.4~44/t) to offset higher costs, the company announced on Monday morning.

The price change by Japan's largest mini-mill is its first since December when it lifted those for all its I-beam, channel and checker H-beam items and those of some of its light- and medium-sized H-beams by Yen 3,000/t, as Mysteel Global reported. This time, it is raising the prices