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Nippon Steel announced on April 22 that distribution prices for H-beams under April contracts (for May production) would remain unchanged. S280GD+Z Hot dip galvanized steel , The company had previously raised prices by a cumulative 10,000 yen across February and March, bringing the total increase since last September to 13,000 yen. The focus this month is expected to be on assessing the extent to which these price hikes are being passed through the supply chain.
The company's construction materials division noted that, driven by price increases at the mill level, the pass-through of costs to the distribution sector is gaining momentum, and the implementation of price hikes in sales is accelerating. S280GD+Z Hot dip galvanized steel , Overall market conditions remain stable; low-priced supplies are gradually diminishing, high-end quotes have edged up, and the pricing structure is showing signs of stabilizing.
It is worth noting that costs for raw materials, energy, and logistics remain high; the cumulative price increase of approximately 13,000 yen implemented to date has not yet fully offset the rise in costs. Amidst ongoing instability in the Middle East, upward pressure on costs is expected to persist, and the company may proceed with further price hikes.
Meanwhile, Nippon Steel Structural Shapes Corporation has kept its contract prices for April unchanged. S280GD+Z Hot dip galvanized steel , Although overall demand remains sluggish, shipment volumes have improved in certain regions, and demand is expected to gradually recover. Given that scrap steel prices are holding at high levels, the company does not rule out the possibility of further price increases starting next month.
