Japan’s H beam prices fall on high inventory

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Publish time: 17th July, 2012      Source: ChinaCCM
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Reportedly, most of H beam makers in Japan have still continued enhancing output recently, in spite of Nippon Steel's production reduction.

According to statistics, Japan's H beam stocks have surged again to reach 196,000 tons in end of June, rising by 1,400 tons from a month earlier, causing the H beam prices fall in Japanese market.

At present, the selling prices of H beam in Tokyo market are at ¥69,000~¥70,000/ton, decreasing by ¥3,000/ton from a month earlier.