Marubeni-Itochu Steel announced on 31st to establish reinforcing bar processing company in Indonesia with KRAKATAU WAJATAMA which is a Indonesian national public reinforcing bar maker and NAT STEEL ASIA which is a Singapore’s reinforcing bar maker. Joint firm will construct the factory which has annual 70,000 tons processing capability in Jacarta city, and start operating in the end of this year.
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)