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By Reuters Staff 2 Min Read TOKYO, May 17 (Reuters) - Tokyo Steel Manufacturing Co Ltd said on Monday it is raising prices in June for all of its steel products by between 9.5% to 17.6%, reflecting surging overseas prices and an expected pick-up in local demand. The June price increases by Japan’s top electric-arc furnace steelmaker, which makes steel products mainly for use in construction, come after it increased prices of some products in the past two months. Tokyo Steel’s pricing is closely watched by Asian rivals such as South Korea’s Posco and Hyundai Steel , and China’s Baoshan Iron & Steel Co Ltd (Baosteel) . ....
By Reuters Staff (Updates prices) LONDON, May 17 (Reuters) - Copper rose back towards last week’s record high on Monday as the threat of strikes at mines in Chile and a belief among investors that prices will rally further offset weak factory data from top metals consumer China. Benchmark copper on the London Metal Exchange (LME) was up 1.2% at $10,359 a tonne at 1615 GMT, close to last Monday’s all-time peak of $10,747.50. Copper, used in power and construction, is up more than 30% this year and many analysts expect more gains as the world shifts from fossil fuels to copper-intensive electrification, and demand outpaces supply. ....
Home > News > Market Trend and Demand Steel prices rose last week Will Affact the Price of Nano Iron oxide powder Market Trend and Demand Steel prices rose last week Will Affact the Price of Nano Iron oxide powder According to the monitoring of the Ministry of Commerce, last week (May 3-9), the national market price of edible agricultural products dropped 0.2% from the previous week (the same below), and the market price of production materials rose 1.3% from the previous week. Production means market: The price of steel has risen, among which the prices of high-speed wire rod, rebar, ordinary medium plate, and hot-rolled strip are 5223 yuan, 5,059 yuan, 5469 yuan and 5232 yuan per ton, respectively, up 2.9%, 2.8%, 2.5% and 2.2%. The price of coal rose steadily. Among them, the price of coking coal was 783 yuan per ton, the same as the previous week; the prices of thermal coal and No. 2 anthracite lump coal were 637 yuan and 940 yuan per ton, up 1.1% and 0.4% respec ....