Colored galvanizing flat steel market price is weak at 250,000 yen per tonne for smaller coil with 35 millimeters thick and 914 mm width and at 224,000 yen for larger coil around Tokyo. Because makers are reducing the selling price with dealers, some dealers’ purchase price decreased. There is possible the market price decreases when the demand is softening and users are requesting price cut to dealers.
A dealer source forecasts the dealer’s shipping is flat in May from April, and the amount of the sales doesn’t recover for a while after June. Sheet metal work becomes low until autumn when is non-demand season. Some dealers forecast the market price keeps flat or drops. Users are decreasing the purchase volume of it largely due to low demand for building material, and requiring price cut. Dealers apprehend the market price much more decrease than makers’ price cut.M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21H2 | 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