Ferrous scrap market price is weak at 20,400 yen per tonne for steel turning scrap, at 23,400 yen for A grade pig iron turning scrap and 22,400 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The price is likely to keep weak due to dull local market. Local electric furnace steel makers pay around 26,000 yen per tonne fir turning scrap and some pay as high as 27,500 yen. The makers reduced the scrap purchase price by 2,000-2,500 yen per tonne in May. They decreased the price with smooth scrap arrivals under slower scrap export shipping. Ferrous scrap market price is also weak at around 26,000 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
