Reportedly, Japan’s Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to leave its H-beam prices flat for August.
NSSMC said that it decided to keep its prices flat for August as the demand has remained stable after it hiked the H-beam prices by ¥3,000/ton for July.
Meanwhile, NSSMC expected that the market condition will get improved in the near short term and it may consider increasing prices.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65829&division=A4
