Hanwa, Japanese major trading firm, announced the Japanese imported flat rolled steel stock in the end of June in East and West Japan on 18th. According to it, it increases by 8.2% (12,000 tonnes) from the previous month to 158,000 tonnes in total, it is rise for the first time in three months. One of the reasons for the increase is that taking-over was low tone due to low demand.
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)