Japanese ferrous scrap export price hit FAS 34,915 yen per tonne for H2 grade at monthly tender held by Kanto Tetsugen on 12th. The price was 1,337 yen higher than the price at the previous tender held on February 13 on the back ground of low yen and increasing ferrous scrap composite price in the United States from this month.
Japan Steel Scrap Composite Prices (Sangyo Press)12/11/2018
|30100YEN (-200)||35300YEN (-100)|
|3.13US$ (-)||2.49US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)