Tokyo Steel hikes its HRC and H-beam prices

Japanese steelmaker Tokyo Steel Manufacturing announced its decision to hike its sales prices by Yen 1,000-3,000/mt ($9-27/mt) for its steel products, except for rebars and wire rods, for June orders. According to the statement released by the company, the sales price of hot rolled coils has been increased by Yen 3,000/mt to Yen 65,000/mt ($583/mt) and that of H-beams has been raised by Yen 2,000/mt to Yen 70,000/mt ($628/mt).