The largest manufacturer for the Japanese construction sector, Tokyo Steel, does not intend to change its prices in the next two months amid a growing offer from China and excessive domestic production. Reuters writes about this today.
Tokyo Steel's pricing policy is closely observed by the Asian competitors of the company, such as the South Korean Posco, the Hyundai Steel Co and the Chinese Baosteel.
The price of a steel hot beam will remain at 740 dollars per ton, Tokyo Steel said on Monday. At the same time, the last increase in prices for her in dollar terms was 4.2 percent in February 2013.
The price of Japanese steel is under pressure from high -quality production at Chinese factories, the managing director of Tokyo Steel KIESMI IMAMUMUR told reporters today.
The Japanese Metallurgical Company seeks to play part of the profit from Chinese steel giants Wuhan Steel and Jiangsu Shagang who announced the growth of selling prices for competitive metal rolling in August 2013.
Tokyo Steel keeps prices for steel unchanged for five months in a row against the background of an excess supply
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Azovpromstal® 22 July 2013 г. 13:37 |
