Japanese major trading firm, Mitsui & Co. announced on Wednesday the firm decided to increase the iron ore export capacity at Cape Lambert port through West Australian iron ore developing Rope River joint venture with Rio Tinto, Nippon Steel and Sumitomo Metal Industries. The shipping capacity will increase by 53 million tonnes to 133 million tonnes per year by the end of 2013. The total investment is expected to be around 3.78 billion Australian dollars or around 303 billion yen. Mitsui & Co., which has 33% shares of Rope River, invests around 100 billion yen through its wholly owned Australian subsidiary, Mitsui Iron Ore Development.
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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
