Steel/plate: prices in Japan will rise due to active construction demand

Japanese sheet metal prices rose slowly on August 9, but improving demand from the construction sector could push prices up further when the market returns from vacation this week. On Tuesday morning, trading for 19mm-thick SS400 heavy plate (1,524×3,048mm cut) on the Tokyo spot market was trading at 144,000-146,000 yen/ton ($1,069-1,084/ton), up 1,000 yen/ton on […]