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Japanese H beam prices fell on high inventory
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Wednesday, 18 Jul 2012
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Reportedly, most of H beam makers in Japan have still continued enhancing output recently, in spite of Nippon Steel's production reduction.

According to statistics, Japan's H beam stocks have surged again to reach 196,000 tonnes in end of June 2012, rising by 1,400 tonnes from a month earlier, causing the H beam prices fall in Japanese market.

At present, the selling prices of H beam in Tokyo market are at JPY 69,000 to JPY 70,000 per tonne, decreasing by JPY 3,000 per tonne from a month earlier.

Source - www.yieh.com)

(www.steelguru.com)

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