Japan Iron and Steel Federation announced on 19th crude steel production of November in Japan decreased by 2.3% from the previous year to 8.498 million tons, it is a decrease for 3 straight months, and below 8.5 million tons for the first time in 11 months. Output per day decreased by 0.6% from the previous month to 283,000 tons. Blast furnaces steel makers and electric furnaces special steel manufactures has been adjusting output on the background of worsening Japan-China relations, dropping output of automobile caused by the end of cash for clunkers and decreasing production of construction, industrial machinery.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/04/28H2 | NewCutting (PRESS) |
41000YEN (-500) | 43000YEN (-700) |
287.4US$ (-4.63) | 301.42US$ (-6.09) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS