Mitsubishi Materials announced on Monday the firm revised down the official lead ingot price by 10,000 yen to 178,000 yen per tonne for domestic shipment in May.Lead settlement price at London Metal Exchange was US$ 1,190 per tonne at the end of April, decreasing by only 1% from US$ 1,205.5 on April 24 when Japanese official lead price was previously revised up with indicator of LME price.The official price seemed to be decreased when the foreign exchange rate of yen became stronger against US dollar after April 24, from 116.77 yen to less than 114 yen per US dollar.
Japan Steel Scrap Composite Prices (Sangyo Press)12/07/2022
|46500YEN (-)||47700YEN (-)|
|336.2US$ (-1.86)||344.88US$ (-1.9)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)