Tokyo Steel Manufacturing Cuts All Product Prices for November Due to Yen

Tokyo Steel Manufacturing Co., Japan’s largest electric-furnace mill, cut prices for November contracts from the previous month because of a stronger yen.

H-beams, used in construction, were cut to 67,000 yen ($824) a metric ton from 72,000 yen in October, the Tokyo-based company said at a briefing in today. Hot-rolled coil prices were cut to 59,000 yen a ton from 64,000 yen in the previous month.

To contact the reporter on this story: Masumi Suga in Tokyo at

To contact the editor responsible for this story: Andrew Hobbs at;

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.