Supply and demand of steel sheets in Japan might come good toward the second half of this year. It is the background of that demand for construction keeps to increase, production in Japanese manufacturing business is upwardly revised and adjournment of production base transfer to abroad is increasing, caused by dollar-yen exchange rate that exceeds 100 yen. And import items is decreasing in and after the end of last year. Delivery date and production schedule for domestic by Japanese blast furnaces steel manufactures which keeps active exports, is expected to be tight.
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)