According to nonferrous metal export clearance statistics of 2012 Ministry of Finance announced on 30th, exports of copper scrap increased by 14% from the previous year to 328,284 tons, these exceeded 300,000 tons for the first time in 3 years. These for China which accounts around 94% of all exports, rose by 17% to 307,155 tons. This shows demand of copper scrap in China is in recovery trend. Export unit value decreased by 9 yen per kilogram to 246 yen.
Japan Steel Scrap Composite Prices (Sangyo Press)03/30/2020
|19600YEN (-400)||21800YEN (-200)|
|180.35US$ (-1.55)||200.59US$ (0.5)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)