Ferrous scrap generation from used car, scrapped in Japan in 2011, is estimated to decrease by 430,000 tonne from the last year to 1.57 million tonnes. Shredding fell by 390,000 tonnes to 1.49million tonnes, pressing dereased by 40,000 tonnes to 80,000 tonnes. Behind the decrease is the fact that processed volume of used-car decreased. It is affected by early purchasing of new car while cutting tax and subsidy for eco-car is in place, and mental influence by the Great East Japan Earthquake.
Japan Steel Scrap Composite Prices (Sangyo Press)10/23/2018
|36200YEN (-)||41300YEN (-)|
|318.19US$ (-0.78)||363.01US$ (-0.9)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)