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.
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/11/12| H2 | NewCutting (PRESS) |
| 51300YEN (-) | 54700YEN (-) |
| 323.39US$ (-1.56) | 344.83US$ (-1.66) |
* 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
