Daido Steel will stop production of Fe-Ni (mainly 42Ni) cold rolled steel strap for IC lead frame at the end of March to increase high-grade steel strap business like high-alloy and special stainless and reform portfolio. The firm will concentrate management resources to high-alloy steel and special stainless and raise their production by 100% from current level, monthly 200 tonnes.
Japan Steel Scrap Composite Prices (Sangyo Press)07/06/2020
|22400YEN (-500)||24500YEN (-500)|
|206.17US$ (-4.81)||225.49US$ (-4.84)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)