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Iron and Steel News07/03/2009

Hyundai Steel Buys Japan Ferrous Scrap
Hyundai Steel of South Korea purchased Japanese ferrous scrap at FOB 25,500-26,000 yen per tonne for H2 and around 28,000 yen for new cutting scrap in the week through trading company. The price is in line with transaction for East Asia market last week. The firm apparently purchased Japanese scrap when US scrap price turned into increase.
continuation


Today's Japan Metal Bulletin E-mail
Hyundai Steel Buys Japan Ferrous Scrap
Sheet Dealers Increases Reselling Price by 5,000 y/t, Tokyo
Japan H-beam Export for Korea Surges to $ 580, Jul-Sep
Japan Plate Export Drops by 27.5% in May
Flat Ferrous Scrap Price in Tokyo

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Japan Steel Scrap Composite Prices (Sangyo Press)
06/30/2009
Converted Price (TTS)
97.01 yen / US$
(in tonnes)
H216,300 Yen (-)US$168.02 (-)
New Cutting (Press)19,600 Yen (-)US$202.04 (-)

* Average of Tokyo, Osaka and Nagoya prices
* What is Japan Steel Scrap Composite Prices

Nonferrous Metal News07/03/2009

Nippon Mining & Metals' Electronic Materials Output Recovers
Nippon Mining & Metals improves the operation rate for electric materials including sputtering target material. The Isohara plant in Ibaraki operates at full capacity for indium tin oxide for sputtering target material of liquid crystal panel and platinum group metals target materials for hard disc. The Shirogane plant in Ibaraki and Philippine copper foil operation also recovered 80% utilization compared with the peak in first half of 2008. The Kurami plant in Kanagawa is recovering 90% of the peak operation in July. continuation



Today's Japan Metal Bulletin E-mail
Nippon Mining & Metals' Electronic Materials Output Recovers
Nippon Shindo Starts New Plant Groundwork in Late July
Japan Electric Wire Export Drops by 10.1% in F2008

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LME Settlement Prices 07/02/2009 (Unit:US$)
Alumi1611.0
Copper5006.0
Lead1708.0
Nickel16185.0
Tin14490.0
Zinc1549.5






















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Metal News of the last 5 days
Iron and Steel News-Latest News
07/03/2009
Hyundai Steel Buys Japan Ferrous Scrap

07/02/2009
JFE Steel to Reduce Dealers' Plate Stock Level by Production Cut

07/01/2009
Hyundai Steel Starts Test Run of Integrated Steel Works in July

06/30/2009
Japan Steel Demand Rises by 11.8% for Jul-Sep

06/29/2009
Japan Steel Sheet Export Recovers to Asian Market for Jul-Sep

Nonferrous Metal News - Latest News
07/03/2009
Nippon Mining & Metals' Electronic Materials Output Recovers

07/02/2009
Mitsubishi Corp. Targets to Get PGM Mining Interests

07/01/2009
Furukawa Electric to Expand Chinese Auto-parts Business

06/30/2009
SilMag of Norway Postpones Secondary Mg Alloy Production

06/29/2009
Japan Mix Metal Export Increases for China and India


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No reproduction or republication without written permission.