JFE Steel has concluded the export price negotiation for non oriented electrical steel sheet with some Japanese electronics users to increase the price by around US$ 200 per tonne for the shipment in April-June from March. The firm aims to increase the price by more than US$ 200. The firm would stop July shipment to the users, which have not accepted the price increase in April-June, when the demand is firm in Asia and steelmaking material cost is likely to increase in July-September.
JFE cannot accept the order more for June shipment when the firm already closed the order book. However, the users still seek the shipment in April-June while JFE Steel has limited room for additional order for July shipment. The export price increased by around US$ 200 to FOB US$ 950-1,000 per tonne for non-Japanese users for April-June shipment.| 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
