Mitsubishi Corporation postpones to develop Jack Hills iron ore project in mid-west part of Western Australia and Oakajee rail and port infrastructure project in the meantime. The firm decided to decrease funding for 1 trillion yen levels of massive project development including mine and infrastructure of port and rail. But the firm continues to examine technology front for mine.
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)