Monday, December 16, 2013

Abenomics: "Tokyo Steel lifts 10 product prices by 1-3% for Jan delivery"

From Reuters via Mineweb:
"Demand for building and infrastructure materials has been strong and supply is expected to remain tight," a company official said.
Tokyo Steel Manufacturing Co Ltd said on Monday it would lift prices of 10 of its products for delivery in January by around 1 percent to 3 percent on solid construction demand, although it would keep prices for 5 products unchanged.

The hike comes after Japan's biggest electric furnace steelmaker raised prices of all of its products for December delivery, the first such hike in nine months....MORE