Tokyo Steel raises products by 1 - 3 percent

Tokyo Steel Manuapacturn CO Ltd, a leading manufacturer of the country's I -Taurus, said that she was going to raise the prices of ten items of its products for delivery in January 2014, which will amount to about 1-3 percent of the price of metal structures, at the same time it is planned to maintain unchanged prices for the remaining five positions.

The adoption of such a decision was followed by increasing the price of all their products with the main steelmits working on Japanese electric printing for delivery in December. For the first time, such a campaign was carried out nine months ago. The company representative said that "the demand for steel materials for construction and infrastructure sectors is quite strong and deliveries as expected will be on the rise in prices."

Most of the supplied metal products after increasing prices in December had already penetrated the market, and the company felt that it could be painless for its sales to increase the prices of some products for the second month in a row.

Tokyo Steel Manuapacturn Co Ltd said the prices on the N-shaped beams, the main supplied products will increase by JPY 1000 or 1.3 percent, to 80,000 JPY, which is about $ 780 per ton, while the prices of hot-rolled rolls will remain at the same JPY 66,000 per ton. The company is known for its aggressive policy of increasing the share of its costs with high added value in order to achieve maximum profitability.