Sheet steel market price is strong at 75,000-77,000 yen per tonne for hot rolled sheet, to 77,000-79,000 yen for pickling steel and at 83,000-84,000 yen for cold rolled sheet around Tokyo.JFE Steel and Nippon Steel raised the selling price by 20,000 yen per tonne for the shipping in April due to increased material price and overseas sheet market price. Dealers increased the selling price.Actual demand is slow though speculative demand is increasing. Many dealers anticipate they can’t penetrate price hike for building material due to the impact by Japanese building standard law. However, some dealers are strongly concerned that they would be nonviable if they can’t raise the selling price due to increased purchasing price.
| 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
