Ferrous scrap market price is weak at around 5,900 yen per tonne for steel turning scrap, at around 6,400 yen for A grade pig iron turning scrap and at around 5,900 yen for B grade pig iron turning scrap at the dealers’ purchase price including freight around Tokyo. The price could decrease more when local steel makers expand production cut.
Local electric furnace steel makers pay 10,500-12,000 yen per tonne for turning scrap. The price level decreased by 500-1,000 yen last week when the scrap consumption decreases due to their output reduction. A dealer source said the market price could decrease more when the market could keep oversupply. Ferrous scrap market price is weak at around 8,000 yen per tonne for H2 grade around Tokyo.| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Sep | ||||||
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | |
Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
