Ferrous scrap market price is flat at around 8,400 yen per tonne for steel turning scrap, around 8,900 yen for A grade pig iron turning scrap and around 8,400 yen for B grade pig iron turning scrap at the dealers’ purchase price including freight around Tokyo. The price is likely to keep the level due to low level supply.
Local electric furnace steel makers pay 12,500-15,000 yen per tonne for turning scrap. The dealers increased the scrap purchase price by 4,000-5,000 yen in April when the local steel makers raised the purchase price to encourage the scrap shipping. A dealer source said the local scrap supply will keep tight despite of major steel production cut due to very low supply level. Ferrous scrap market price is flat at around 12,500 yen per tonne for H2 grade around Osaka. Local electric furnace steel makers pay 19,500-21,000 yen for H2 grade.| 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
