Ferrous scrap market price is flat at 11,900 yen per tonne for steel turning scrap, 14,900 yen for A grade pig iron turning scrap and 13,900 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The local supply is getting easy when local electric furnace steel makers get gradually higher scrap arrivals. The makers pay 19,000-19,500 yen per tonne for turning scrap. Some pay as high as 20,000 yen under the competition with scrap shipping FAS price from Tokyo bay. Tokyo Steel Manufacturing increased the scrap purchase price by 500 yen per tonne at Okayama, Kyushu and Takamatsu on Wednesday. Steel makers around Tokyo still hold the move watching next move of Tokyo Steel’s Utsunomiya plant, which keeps the price so far. Scrap price is firm at 16,500 yen per tonne for H2 around Osaka when market players keep watching next move in the market.
| 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
