Concrete reinforcing steel bar market price is firm at around 78,000 yen per tonne for base size with 19 millimeters diameter around Tokyo. The dealers see little transactions despite of higher order from general contractors when the makers don’t offer new price. The makers try to increase the selling price to cover higher raw materials cost. The buyers would accept certain price hike.
A trading firm source said local makers lose money and they could post monthly loss through June. The makers stop to accept new order to increase the price significantly. They are expected to offer 85,000-90,000 yen per tonne for major transactions. The makers have 4-5 months of order backlog with estimated less than 70,000 yen per tonne price level. They ship the materials at averaged 67,000 yen per tonne and they could increase the selling price to make money with near 50,000 yen per tonne of ferrous scrap.| 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
