Tokiwakai Group, the domestic distributor of Japan Nippon Steel, said that its H beam inventory has decreased to 209,700 tonnes in the end of April 2008 and the current inventory is at the lowest level in the past twenty years.
Nippon Steel said that the H beam demand in April 2008 is slower than that in March 2008 and therefore Nippon Steel intended to maintain its H beam price for its domestic distributor.
(Sourced from YEIH.com)