World Steel Association announced on 22nd that world crude steel production increased by 1.2% from the previous year to 1.5478 billion tons. Outputs in China increased by 3.1% to 716.54 million tons, they accounted for 46% of all. Developing country contributed rising output like India and Korea recorded high. Though North America increased for the 3rd straight years, European Union decreased for the first time in 3 years and Japan decreased for the 2nd straight years.
Japan Steel Scrap Composite Prices (Sangyo Press)07/10/2020
|22100YEN (-)||24200YEN (-)|
|204.38US$ (0.34)||223.8US$ (0.37)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)