Author: Lalita
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Supply supports Japan’s domestic carbon steel flats prices
Prices of carbon steel hot-rolled (HR) and cold-rolled (CR) sheets in Japan’s domestic spot market strengthened by Yen 1,000-2000/tonne ($9-18/t) on week again on supply tightness and producers’ price hikes, and the strengthening may slow down during the Bong Festival holidays over August 13-15 and then picks up the pace again, according to market sources.…