Nippon Steel will conclude the export price negotiation for hot, cold rolled coil and electric and hot dip galvanizing steel sheet with Japanese electric appliance makers in Asia for July-December 2008 shipping. The price is expected to surge by total about US$ 400 per tonne since April 2008.
Nippon Steel raised the export price by over US$ 200 per tonne to appliance makers in Asia for April-June from January-March. They showed disapprovals against the price hike when their output decreased in China or common steel market price decreased. However, the demand for high-grade steel sheet keeps strong. Nippon Steel can’t supply the products enough due to the refinement of Oita iron works, Japan. The users take a precedence on stable procurement of steel sheet. Nippon Steel starts next price negotiation for January-June 2009 next month. The users are expected to resist against the price hike strongly due to uncertainty in Asian economy.| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Jul | ||||||
| 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 |
| 31 | ||||||
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/08/20| H2 | NewCutting (PRESS) |
| 49200YEN (-) | 52200YEN (-) |
| 312.42US$ (1.87) | 331.47US$ (1.99) |
* 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
