Tag: Japan’s prices of carbon flats rise slowly on producers’ hikes

As of June 29, prices of carbon steel hot-rolled (HR) and cold-rolled (CR) sheets in Japan’s spot market had risen by Yen 2,000/tonne ($14.7/t) on month over the previous hikes by producers, though actual sales remained sluggish, according to sources. On Wednesday morning, deals for SS400 grade 1.6mm thick HR cut sheet (1,219×2,438mm) were transacted…