Nippon Steel & Sumitomo Metal and Toyota Motors agreed to decrease the price of steel sheets for automobile in the second half of fiscal 2012 by 4,000 yen per ton in last week. It is the background of price down of iron ore and coking coal, it is the decline for the straight 3 half period. Other blast furnaces steel manufactures may appear to agreed about same level price down with Toyota, they are also arranging with other automobile makers from now.
Japan Steel Scrap Composite Prices (Sangyo Press)07/02/2020
|23300YEN (-500)||25300YEN (-500)|
|214.77US$ (-3.34)||233.2US$ (-3.24)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)