Ferrous scrap price would increase around Tokyo. Market price at dealers including freight is around 19,000 yen per tonne for H2 grade while around 20,800 yen per tonne for H1 grade and around 22,500 yen per tonn for HS grade.
Purchase price by local electric furnace steel makers is 25,500-26,500 yen per tonne and higher price is 27,000 yen per tonne for H2 grade. Some local electric furnaces raise the purchase price in the week. However market price does not increase. On the other hand, export price is higher than current purchase price by electric steels. Dealer source forecasts that the price would increase in the short term. Ferrous scrap price is also strong around Osaka. Market price is 18,000 yen per tonne for H2 grade while purchase price by local electric steels is around 25,500-27,000 yen per tonne.| 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
