JFE Steel announced on 19th the firm accepted 325,000 tons orders of UOE Pipe DNV 450 Grade for line pipe with Marubeni-Itochu Steel, for Statoil which is a major oil company in Norway. These are used for Polarled Pipeline Project, Statoil develops in Norwegian Sea. Contract amount is 360 million US dollers. Award volume is record-high for JFE and Marubeni-Itochu Steel.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/10/16| H2 | NewCutting (PRESS) |
| 41000YEN (-) | 43000YEN (-) |
| 273.83US$ (1.71) | 287.18US$ (1.79) |
* 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
