Tokyo Steel to keep product prices steady in June amid weak demand
2020-05-19 08:58:59 [Print]
Tokyo Steel Manufacturing Co., 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.
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.
