It's reported that the Japanese Nippon Steel & Sumitomo Metal Corp (NSSMC) planned to raise its prices of H beam and bright bars by ¥3,000/ton for July production, in spit of high stocks in the market. It's learned that the local distributor Tokiwakai Group owned H beam stocks of 196,700 tons at end of June, decreasing by 500 tons from a month ago and meeting market demand for 2 months.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65366&division=A4
