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Tokyo Steel cuts steel prices for July
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It’s reported that Japan’s Tokyo Steel released its price policy for July on June 18th.
The firm decided to cut the list prices of its steel products by ￥3,000~￥12,000/ton averagely for July in response to weak demand, falling raw material prices and decreasing steel prices in the international market.
It’s known that Tokyo Steel reduced the list prices of deformed steel bar products by ￥3,000/ton and to cut the list prices of H beams by ￥12,000/ton for July.
Meanwhile, the company decreased the list prices of steel flat products by ￥5,000/ton and to cut the list prices of its construction steel products by ￥6,000~￥8,000/ton.
News Date
6/18/2012 3:53:26 PM
reported by
Echo Huo
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