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 scrap supply despite of the marginally purchase price down by some steel makers.
Local electric furnace steel makers pay 12,500-15,000 yen per tonne for turning scrap. The price is peaking recently while the price kept increasing in the month. Some makers adjusted the purchase price downward after they secured requirement for operation during major holiday week in early May. However, a dealer source expects the market price would keep the level under relative tight supply. Ferrous scrap market price is firm 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
