Tokyo Steel Manufacturing announced that the firm increases the selling price of all steel items by JPY 5,000 to JPY 8,000 per tonne for distributors for April 2010 order.
The firm increases the prices by total JPY 11,000 to JPY 13,000 through the hikes for 3 months in a row. The firm tries to cover higher raw materials cost through the hike while the firm increases the tight supplied pickling steel by JPPY 7,000 to JPY 8,000 and H beam, plate and concrete reinforcing steel bar by JPY 5,000.