Ferrous new turning scrap price is flat in Tokyo. The price is 20,100 yen per tonne for pressed new turning scrap and 19,100 yen for new turning scrap without press at dealers’ purchase price including freight. The price is likely to keep firm.The scrap supply is still easy around Tokyo though the demand is increasing gradually for export. Local electric furnace steel makers pay 26,000-27,000 yen per tonne for new cutting scrap. Tokyo Steel Manufacturing increased the scrap purchase price by 500 yen per tonne at Okayama and Kyushu plants on Friday. The market increases the expectation of higher price though Tokyo Steel didn’t change the price at Utsunomiya and Takamatsu plants.
| 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
