Ferrous scrap market price is firm at around 7,400 yen per tonne for steel turning scrap, at around 7,900 yen for A grade pig iron turning scrap and at around 7,400 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The price is likely to keep firm under tight supply.
Local electric furnace steel makers pay 12,000-13,500 yen per tonne for turning scrap. Some makers increased the purchase price in the week while the market price level is unchanged from last week. However, the supply keeps tight. A dealer source said the makers try to find the market trend. Ferrous scrap market price is flat at around 8,000 yen per tonne for H2 grade around Osaka.| 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
