The delay in new national stadium project has also slowed other Olympic-related works by about a half year, dragging on overall local construction demand, but we expect to see a pick up in and after summer as the stadium project is set to start next year.

Director Kiyoshi Imamura

Categorized in : Industrials

Prices of steel products and semi-finished products have been on the rise globally following a surge in the Chinese steel market, we are receiving lots of interest from buyers from many countries. The trend has completely changed.

Director Kiyoshi Imamura

industrials

We also see increased activities in construction projects in Japan.

Director Kiyoshi Imamura

industrials

We expect an upward trend in steel prices to continue as domestic demand for construction materials is solid and inventory for that steel is low.

Director Kiyoshi Imamura

industrials

Domestic demand has also languished as a lack of workers and processing facilities has delayed construction projects.

Director Kiyoshi Imamura

industrials