Ferrous scrap market price is firm at around 46,900 yen per tonne for steel turning scrap, at around 49,900 yen for A grade pig iron turning scrap and at around 48,900 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 52,000-53,500 yen per tonne for turning scrap and some makers pay as high as 57,000 yen. The local makers keep the price level for a week and the dealers also keep the purchase price level. Ferrous scrap market price is firm at around 53,500 yen per tonne for H2 grade around Osaka.
M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/10/17H2 | NewCutting (PRESS) |
41200YEN (200) | 43200YEN (200) |
276.18US$ (2.35) | 289.58US$ (2.4) |
* 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