Sumikin Bussan and Nippon Steel Trading announced on 7th they made an agreement to start to consider a management integration on October1st. This integration has an effect on mainly iron and steel relatd business. They plans to increase business competitiveness, expand business, accelerate global strategy, and establish solid operating foundations.
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)