Ferrous scrap price increased by 1,000 yen to 12,400 yen per tonne for steel turning scrap in Tokyo last week, to 15,400 yen for A grade pig iron turning scrap and to 14,400 yen for B grade pig iron turning scrap at dealers’ purchase price including freight. Electric furnace steel makers around Tokyo purchase turning scrap at around 19,000-19,500 yen per tonne.The electric furnace steels finish seasonal output reduction in summer this month. Scrap orders would increase from the electric furnace steels toward autumn. Both the market price and makers’ purchase price are likely to keep the strong tone around Tokyo for a while.Ferrous scrap price is strong at around 17,000 yen per tonne for H2 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
