H-beam export price for the general-purpose product in south-eastern Asia enters a correction phase, at 730-740 dollars for C&F for April-May shipments. It increased by over 50 dollars from the beginning of 2013, but overseas shape steel price is coming to be in stasis because ferrous scrap price increase at a sluggish pace. Japanese makers try to raise export price due to rising material cost, and export dicker is likely to keep a stalemate.
Japan Steel Scrap Composite Prices (Sangyo Press)08/08/2022
|40900YEN (-)||43900YEN (-)|
|299.99US$ (-5.19)||321.99US$ (-5.57)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)