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Tokyo Steel to hold steel product prices steady in october

Tokyo Steel, Japan's top electric-arc furnace steelmaker, announced on Tuesday that it will hold steel product prices steady in October, reflecting slow activity in the domestic construction sector and sluggish demand abroad.

Tokyo Steel to hold steel product prices steady in october

This marks the third consecutive month that the company will keep prices unchanged for all of its steel products, including its main H-shaped beams. Tokyo Steel lowered prices for some products in July.

For October, prices for steel bars, including rebar, will remain at 98,000 yen ($663) per metric ton, while H-shaped beams will stay at 127,000 yen ($860) per ton.

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