JFE Steel sets the odder price of hot rolled coil to increase by US$ 150-200 per tonne to South Korean rerollers for the shipping in April-June and of plate to increase by US$ 250 per tonne to South Korean shipbuilders for the shipping in April-September. The firm already started the price negotiations with some of South Korean rerollers and shipbuilders.The firm increases the price when hot rolled coil market price increased to US$ 700 per tonne and plate market price increased to US$ 900 in Asia, and material price for such as iron ore is expected to rise by a large margin.
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/02/05| H2 | NewCutting (PRESS) |
| 43700YEN (-) | 46000YEN (-) |
| 280.4US$ (-1.41) | 295.16US$ (-1.48) |
* 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
