International price of rare metal still keeps downward situation in December. Inventory adjustment of raw materials for mainly home electronics related field is lingering because of slowdown of economic conditions caused by deceleration of growth of China and European debt crisis. On the other hand, in supply for rare metal as by-product from non-ferrous smelting, surplus feeling is strong. Supply and demand of rare metal mainly by-product series are expected to keep relaxation state on and after the turn of the year because by-product series emerge automatically when base metal is produced.
Japan Steel Scrap Composite Prices (Sangyo Press)06/26/2019
|26800YEN (-600)||30000YEN (-800)|
|247.37US$ (-5.68)||276.91US$ (-7.54)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)