The turnings ferrous scrap cash market is flat with potential increase in the Tokyo area, Eastern Japan. The price is 10,400 yen per tonne for turnings steel scrap and 13,400 yen per tonne for turnings pig iron scrap for purchase prices by dealers.Electric furnace steel makers’ purchase prices of turnings ferrous scrap continue to be flat at around 16,000-17,000 yen per tonne. The local players have the wait-and-see stances while dealers perform the price maintenance.Scrap supply is easing when some electric furnaces are stopping their operation. Themarket is likely to continue to be firm in the area.Meanwhile, the ferrous scrap cash market in the Osaka area, is under wait-and-see trend. The price is around 11,000 yen per tonne for H2.
| 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
