The Tokyo Steel Manufacturing is looking to keep its production prices stable and fix until the month of April. The plan follows the massive price hikes they have last year, and the latest actions are made to the market can absorb the previous hikes.
Tokyo Steel Manufacturing is one of the country’s premier steelmakers with a long reputation for creating some of the industry’s best. The company produces great steel products, steel billets, and a whole variety of steel commodities.
Furthermore, the steel makers official statement regarding the stagnant prices for the coming years was; Overseas steel markets remain tight given the healthy economy worldwide ... and domestic steel demand remains solid,”.