Japan's Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to keep its contract prices for H-beam unchanged for October as the price rise for September was not accepted completely. At present, the market prices for SS400 H beam are at ¥76,000~¥77,000/ton in Tokyo. Meanwhile, the H-beam stocks owned by the distributors belongs to NSSMC totaled 186,500 tons at end of September, rising by 400 tons from a month ago.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66668&division=A4
