JX Nippon Mining & Metals announced on Friday the firm increased official copper ingot selling price by 30,000 yen to 710,000 yen per tonne for January shipment. The price hit the highest level in 4 months. The monthly averaged price increased by 4,800 yen to 662,100 yen per tonne without any more revision in January.
Copper ingot price increased by US$ 227 to US$ 8,560 per tonne at settlement on Thursday from Monday, based on which JX Nippon Mining & Metals revised the price. Speculative buying increased after announcement of extension of US monetary easing policy. The LME price increased by more than 10% from the price in the beginning of the year when expectation for Chinese easing policy lifts the price.| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Jan | ||||||
| 1 | ||||||
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | |
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/02/04| H2 | NewCutting (PRESS) |
| 43700YEN (-) | 46000YEN (-) |
| 282.66US$ (-0.57) | 297.54US$ (-0.6) |
* 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
