Tokyo Steel, wary of imports threat, keeps Nov prices mostly unchanged
Oct 21 (Reuters) – Tokyo Steel Manufacturing Co Ltd is keeping November prices of most of its products unchanged as Japan’s top construction-steel maker is wary of competition from imports and wants a recent broadbased hike to be absorbed by the market.
The pricing strategy of Tokyo Steel is closely watched by Asian rivals such as South Korea’s POSCO and Hyundai Steel Co and China’s Baosteel, which are aiming to boost exports to Japan.
http://in.reuters.com/article/2013/10/21/tokyosteel-prices-idINL3N0IB1KP20131021
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