Average contract price for H2 at export auction of ferrous scrap Kanto Tetsugen held on 10th decreased by 1,260 yen from the previous time to FAS 33,655 yen per ton. The president, Yamashita said the result fared better in expectations of decrease. It might support weak Japanese dealer’s price for a time.
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)