Nippon Steel said the stocks of H-beam in Tokiwakai Group totaled 178,800 tons at the end of last December, down by 2.2% from a month ago.
Also, the H beam stocks have fallen for consecutive three months.
Meanwhile, Nippon Steel will continue to adjust its H beam stocks for domestic market.
At the same time, Nippon Steel informed its distributors to hike its H beam prices by 3,000 yuan/ton for February.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62630&division=A4
