Stainless steel plate price is 290,000-300,000 yen per tonne for SUS304 hot cut seet, 440,000-450,000 yen with 7-14 millimeters of thick, and around 730,000-750000 yen for SUS316.As for large lot for direct contract, demand as LNG is active, but orders accepted in Japanese makers aren’t increasing due to growing overseas makers. Domestic demand as flat-screen television keeps active demand.On the other hand, inventry ratio for distributors in September is increasing to 4 months, and inventory adjustment is expected to go long. Market price is expected to keep flat with weak tone.
Japan Steel Scrap Composite Prices (Sangyo Press)03/23/2023
|54800YEN (-)||56000YEN (-)|
|415.4US$ (5.04)||424.5US$ (5.15)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- Steel on the net