Author: Admin Operation
-
Japan Kyoei lifts May rebar base prices by $77/t on costs
Kyoei Steel, Japan’s largest rebar producer, has decided to lift its rebar base prices by Yen 10,000/tonne ($77/t) on month to Yen 120,000/t, mainly to transfer the rise in production costs and to improve its profitability, according to the company. A company official explained that scrap prices have risen by about Yen 6,000/t on month…