Ferrous scrap market price is firm at around 11,000 yen per tonne for H2, at around 12,800 yen for H1 and at around 14,500 yen for HS at the dealers’ purchase price including freight around Tokyo. The price is likely to keep firm under tight supply.
Local electric furnace steel makers pay 17,000-19,000 yen per tonne for H2 grade. The demand decreases when carbon steel makers expand the output reduction. However, the supply is still tight due to low level supply from the market. Ferrous scrap market price could increase again around Osaka after the rebound for export price. The local market price is around 8,000 yen per tonne for H2 grade.| 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
