The Japanese market became a wave on the crest - Meps

The Japanese economy is still on the rise. Internal sales of metal products grow in October and are accompanied by increased prices due to the rise in price of electricity and scrap metal. According to analysts of the British engineering agency Meps, the weak yen holds back imports.

Nevertheless, Japanese exports in September began to contract under pressure from still weak demand. The main losses of the Japanese metering were carried in the key markets of Asia, such as South Korea and Taiwan.

In the domestic market of Japan, manufacturers of the metal rolling managed to achieve increase in prices for hot -rolled steel in sheets and rolls. There was a noticeable growth of the construction and construction rental. Demand for cold -rolled roll is growing, especially from car manufacturers.

The Japanese steel market today is distinguished by stable sales and growth prospects. However, the country's metallurgical companies restrain the increase in prices until the capacity is completely loaded and the market balance is achieved.