Implementation increases. On the Tokyo market at present, more than 19 mm (1524 x3480mm) level of SS plate quotation for 8.4 86000 yen/ton (785-803 dollars/ton), which do not conform to the Japanese industrial standard specification of SS level in thick plate quotation for 8.1 83000 yen/ton, the price has been stable since late last year. The main reason has the following two aspects.

One is, although, in general, plate demand in Japan, but they are mainly from the shipbuilding industry and machinery manufacturing, long-term contract the buyer and the spot market demand picks up slowly, not capable of supporting spot prices. Second, the Japanese steel mills first need to supply long-term buyers, rather than the spot market, so the dealer import resources we need to place an order to restock, import resources increase makes a glut on the market, and also hindered the rise in spot prices. However, affected by the currency as a result, in September the market future plate imports in Japan is expected to decline.

4 to 7 months, Japanese imports of plate 246800 tons, up 78% year on year, with imports from South Korea is 155700 tons, up 22% from a year earlier, while imports from China reached 73900 tons, is only 269 tons of the same period last year. Inventory at the end of July, the Japanese medium plate is 411400 tons, up 18% from a year earlier.