According to the estimate Bureau of Resources and Energy Economics in Australia created, volume of iron ore trade in the world might increase by 83% from 2011 to 1.967 billion tonnes in 2025. Coking coal will increase by 71% to 464 million tonnes. Crude steel production is estimated to up by 57% to 2.377 billion tonnes, demand for mainly developing country will expand.
Japan Steel Scrap Composite Prices (Sangyo Press)07/02/2020
|23300YEN (-500)||25300YEN (-500)|
|214.77US$ (-3.34)||233.2US$ (-3.24)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)