Ministry of Economy, Trade and Industry announced on 11th, the ministry filed a WTO complaint against antidumping measure which China invoked on import of Certain High-performance Stainless Steel Seamless Tubes made in Japan. The ministry requested a trial in dispute-settlement Panel, because Japan and China had pursued consultations through WTO but they were not resolved. As disputed high-functionality products used to Ultra-Supercritical Boiler in thermal power plant cannot be produced in China, Japan had reported that there are no the facts of competition and damages to China.
Japan Steel Scrap Composite Prices (Sangyo Press)10/18/2018
|36200YEN (-)||41300YEN (-)|
|318.38US$ (-0.82)||363.24US$ (-0.93)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)