Ferrous scrap price is strong at 10,400 yen per tonne for steel turning scrap, 13,400 yen for A grade pig iron turning scrap and 12,400 yen for B grade pig iron turning scrap at dealers’ purchase price including freight in Tokyo. The local supply gets tighter when local scrap generation decreases. The price is likely to keep firm.Local electric furnace steel makers pay 15,000-17,000 yen per tonne for turning scrap. Market sources said the makers could increase the purchase price again in the month when the scrap arrival to the makers decreases. Ferrous scrap price is flat at 15,500 yen per tonne for H2 grade in 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
