Tag: Japanese prices of carbon flats rise on producers’ hikes

As of April 18, prices of carbon steel hot-rolled (HR) and cold-rolled (CR) sheets in Japan’s spot market have continued rising over the past weeks, up Yen 1,000-2,000/tonne ($8-16/t) on month in tandem with producers’ price hikes, according to sources. On Monday morning, deals for SS400 grade 1.6mm thick HR cut sheet (1,219×2,438mm) were transacted…