Official copper price increased to 710,000 yen on 11th, it is for the first time since May 2nd. In scrap copper market, selling of lock-up-speculative-accounts by pickup dealers and wholesalers is rising in order to clean stocks up and change it money because of adjustment in the end of the year. But, in demand of raw material in January-March 2013, a lot of Copper and Brass makers advance volume cut or lowering of terms of price certainly. Responses of consumers are classified according to current stocks and a volume frame for supply to makers.
Japan Steel Scrap Composite Prices (Sangyo Press)12/11/2018
|30100YEN (-200)||35300YEN (-100)|
|3.13US$ (-)||2.49US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)