Mitsui Mining & Smelting announced on Wednesday the firm raised the official zinc ingot price by 9,000 yen to 419,000 yen per tonne for domestic shipment in April. The price was revised up 4 times in April and monthly averaged price became to 397,600 yen per tonne with surging zinc price at overseas market.Zinc price at London Metal Exchange (LME) increased by US$ 97 to US$ 3,182 per tonne at settlement on Tuesday from the previous trading day. LME zinc price marked the record for 8 trading days in a row and seems to increase more. LME zinc price jumped up by 58% from US$ 2,015 of recent bottom on February 16 with strong speculative purchasing. Japanese official price increased by 50% from 279,000 yen on February 20.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21H2 | 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