Steel plate price is weak tone in Tokyo. Though demand for mainly manufacture is strong, price tends to fall under appetite for distributors is dull as well as the end of last year. Therefor, it is as much as distributors can keep price both steel plate and cut plate. Market price keeps flat by strong demand for mainly shipbuilding and integrated steel makers keep selling price. Makers show the strong desire improving supply and demand of low-grade steel plate including expand the reduction against increase of inventory and rise of inventory rate . The price is 81000-82000 yen per tonne with 19 millimeters of thick 5 feet width and 10 feet length. Cut plate is around 98000 yen per tonne. It is likely to continue decreaseing.
Japan Steel Scrap Composite Prices (Sangyo Press)12/08/2023
|49900YEN (-)||51400YEN (-)|
|345.93US$ (9.15)||356.33US$ (9.43)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)