Nippon Steel & Sumitomo Metal and Nippon Steel Trading announced on 4th to get exploitation right of Revuboe which is one of coking coal development plan in Mozambique. They target to start production in 2016 after registering of Environmental. Clearance. They plans to make the shift to operation at full capacity that is annual 5 million tons output in 3-4 years from beginning of operation.
Japan Steel Scrap Composite Prices (Sangyo Press)05/29/2020
|20400YEN (200)||22800YEN (300)|
|187.97US$ (2.51)||210.08US$ (3.51)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)