Ferrous scrap market price is flat at 22,900 yen per tonne for steel turning scrap, at 25,900 yen for A grade pig iron turning scrap and at 24,900 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The price is likely to keep the level due to active export shipping. Local electric furnace steel makers pay around 29,000 yen per tonne for turning scrap and some pay as high as 30,500 yen. The supply is decreases and the dealers ship the scrap to vessels in Tokyo bay for export and western Japan. The higher shipping reduces the shipment for local electric furnaces. Ferrous scrap market price is also flat at around 27,500 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
