Japan: Tokyo Steel rolls over finished long prices for Sept’21

Japanese EAF steel major, Tokyo Steel has announced a roll-over in finished long steel prices for Sept’21 deliveries.

• H-beam prices are at JPY 106,000/t ($970/t)
• Prices of steel bars, including re-bar, are at JPY 86,000/t ($787/t)
• Hot-rolled coil (HRC) price unchanged at JPY 110,000/t ($1,006/t)

The company had increased long steel prices by JPY 3,000/t on improved domestic consumption amid overall economic recovery in Jul’21.