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  • Tokyo Steel to keep product prices steady in June amid weak demand

    2020-05-19 08:58:59   [Print]
    Tokyo Steel Manufacturing Co.Asian Metal CopyrightTokyo Steel Manufacturing Co.Asian Metal Copyright, Japan's top electric-arc furnace steelmaker, on Monday said it will keep product prices unchanged in June as it will take a while to see a recovery in demand from industries hit by the COVID-19 crisis.

    This is the second month the company has held prices steady for all of its steel products, including its main H-shaped beams.

    For June, prices for steel bars, including rebar, will remain at 55,000 yen ($514) a tonne, while its mainstay H-beams' prices will stay at 76,000 yen a tonne.

    .Asian Metal Copyright This is the second month the company has held prices steady for all of its steel products, including its main H-shaped beamsAsian Metal Copyright
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