TOKYO -- Prices for architectural steel in Japan have risen to the highest levels in more than a decade as Russia's invasion of Ukraine disrupts supply chains for a wide range of building materials, including wood and cement.
Tokyo Steel Manufacturing on Tuesday raised the price of H-beams used in building construction to the most in more than 13 years, 121,000 yen ($1,000) per ton. Kyoei Steel announced a 7% price hike for steel rebar.
