Ferrous scrap market price is firm at around 46,900 yen per tonne for steel turning scrap, at around 49,900 yen for A grade pig iron turning scrap and at around 48,900 yen for B grade pig iron turning scrap at dealers’ purchase price including freight around Tokyo. The price is likely to keep firm under tight supply. Local electric furnace steel makers pay 52,000-53,500 yen per tonne for turning scrap and some makers pay as high as 57,000 yen. The local makers keep the price level for a week and the dealers also keep the purchase price level. Ferrous scrap market price is firm at around 53,500 yen per tonne for H2 grade around Osaka.
M | T | W | T | F | S | S |
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26 | 27 | 28 | 29 | 30 | 31 |
Japan Steel Scrap Composite Prices (Sangyo Press)
2025/05/01H2 | NewCutting (PRESS) |
41000YEN (-) | 43000YEN (-) |
288.61US$ (-1) | 302.69US$ (-1.05) |
* 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