Japanese mills announce rebar price increase in August
Tokyo D-Bar Steel announced that its rebar price in August will be raised by 3,000 yen per ton ($38). The company did not disclose its ex-factory price, and the current market price of rebar in the Tokyo market is 61,000 yen per ton.
Japan's post-disaster reconstruction is about to start, and with the end of the summer, scrap prices will rise again. The increase in demand and costs is the main reason for the company's price increase.
Coinki Steel, the largest rebar manufacturer in Japan, will announce its August price policy soon, and it is highly probable that prices will increase. Tokyo Steel’s August price policy has been announced. All steels are flat, but their rebar production is small and not representative.
Japan's post-disaster reconstruction is about to start, and with the end of the summer, scrap prices will rise again. The increase in demand and costs is the main reason for the company's price increase.
Coinki Steel, the largest rebar manufacturer in Japan, will announce its August price policy soon, and it is highly probable that prices will increase. Tokyo Steel’s August price policy has been announced. All steels are flat, but their rebar production is small and not representative.
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