Structural carbon steel market price is flat at around 145,000 yen per tonne for carbon steel for machine structural use and at around 170,000 yen for chromium and molybdenum steel around Tokyo. The price is likely to keep the level under slower demand.
The dealers’ inventory increases and they restock some stock out sizes for larger diameter products when the makers’ lead time gets shorter. The stock increased to 184,500 tonnes at end of August, according to the association and is expected to increase more toward year end. The price is peaked under slower demand for construction machinery and automobile along with plunge of ferrous scrap market while the makers were expected to offer third hike before. The price rising mode was gone after Daido Steel is said not to increase the price for October shipment and now the interests expect the price is peaking.| 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)
2024/11/22| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 265.56US$ (1.04) | 277.78US$ (1.09) |
* 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
