TOKYO, Dec 18 (Reuters) - Tokyo Steel Manufacturing Co Ltd,
Japan's top electric-arc furnace steelmaker, said on Monday it will hold its
January steel product prices steady to reflect slow domestic demand in some
manufacturing and construction sectors.
The company will retain the
prices for a sixth month for its steel products, including its main H-shaped
beams.
For January, prices for steel
bars, including rebar, will remain at 98,000 yen ($689) per metric ton while
H-shaped beams will stay at 127,000 yen per ton.
Tokyo Steel's pricing is closely
watched by Asian rivals such as South Korea's Posco and Hyundai Steel , and
China's Baoshan Iron & Steel Co Ltd (Baosteel) .
($1 = 142.1800 yen) (Reporting by
Yuka Obayashi; Editing by Sherry Jacob-Phillips)