Ferrous scrap market price decreased by 1,000 yen to 20,400 yen per tonne for steel turning scrap, to 23,400 yen for A grade pig iron turning scrap and to 22,400 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo.Local electric furnace steel makers pay around 26,000 yen per tonne for turning scrap and some pay as high as 27,500 yen. Ferrous scrap export contracts are slow from Tokyo Bay when export price is weakening. Consequently, ferrous scrap is flowed to local electric furnace steel makers.Export and domestic shipment are expected to continue slower from Tokyo Bay. Ferrous scrap price is expected to keep weak around Tokyo in near future.Ferrous scrap market price is also weak at around 26,500 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
