Hot rolled steel sheet market price would decrease from 65,000-68,000 yen per tonne around Tokyo. The supply is loose against demand after Japanese holidays in mid August. Steel sheet price would decrease when Tokyo Steel Manufacturing reduces hot rolled steel sheet price by 2,000 yen for September order.
Chinese Anshan Iron and Steel increased hot rolled coil export price for Japan by US$ 25 to C&F US$ 800 per tonne for October delivery. On the other hand, South Korean Hyundai Steel apparently reduced the export price to follow Tokyo Steel. The price would decrease due to export increase and price reduction by Tokyo Steel. Steel plate market price would decrease from 83,000-84,000 yen per tonne for 19 millimeters thick, 4 feet width and 8 feet length around Osaka. Integrated steel makers reduce the plate supply for dealers. However, electric furnace steel makers reduce the selling price to increase sales volume and import is firm at around 30,000 tonnes per month. The dealers’ inventory is excess against slow demand for construction.| 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
