Ferrous scrap market price is weak at around 5,900 yen per tonne for steel turning scrap, at around 8,900 yen for A grade pig iron turning scrap and at around 7,900 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The price is likely to keep weak under slower consumption with output cut by local steel makers.
Local electric furnace steel makers pay 13,000-15,500 yen per tonne for turning scrap. The dealers’ purchase price decreased by 7,000 yen in last week when the makers reduced the purchase price under oversupply with slower export shipping. Ferrous scrap market price is also weak at around 15,000 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
