Japanese carbon steel import decreased to 317,337 tonnes by 3.7% in April from a year earlier, according to Japan Iron and Steel Federation. The import increased by 11.8% from last month, which increased for 2 consecutive months. The import decreased by 10.7% in January-April from same period of 2007. The import decreased to 5,725 tonnes by 36.5% for H-beam, to 11,764 tonnes by 55.3% for wire rod, to 66,803 tonnes by 13.2% for cold rolled steel sheet, to 31,263 tonnes by 14.4% for zinc coated steel sheet while increased to 32,508 tonnes by 22.5% for plate, to 151,311 tonnes by 3.7% for hot rolled flat steel. Plate and hot rolled steel sheet imports increased when some dealers purchased the import products with tight domestic supply. The import decreased by 23.3% for plate in January-April, by 8.0% for hot rolled steel sheet, 8.4% for zinc coated steel sheet while increased by 1.9% for cold rolled steel sheet. The import was 196,009 tonnes from South Korean to Japan in April, 43,585 tonnes from China, and 67,563 tonnes from Taiwan.
Japan Steel Scrap Composite Prices (Sangyo Press)01/18/2018
|36800YEN (-)||39500YEN (-)|
|327.61US$ (-2.85)||351.64US$ (-3.07)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)