Marubeni-Itochu Steel announced on 13th to establish MI Steel Processing India which is a processing company for steels for automobile near Chennai in southern India’s Tamil Nadu state. The firm is planned to start in April 2014 with around 90,000 tons of annual processing capability. The firm will provide various services including processing, keeping and delivery of steels for users.
Japan Steel Scrap Composite Prices (Sangyo Press)06/01/2020
|20800YEN (400)||23100YEN (300)|
|191.28US$ (3.31)||212.43US$ (2.35)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)