According to forcast of crude steel demand for the second quarter(July-September) of fiscal 2013, Ministry of Economy, Trade and Industry announced on 2nd, it decreases by 0.3% from estimation of the previous term to 28.02 million tons. It is the decrease for the first time in 3 quarters. And it keeps 28 million level for the 2nd straight terms. Steel material demand for both domestic and abroad is expected to exceed the previous term level, but production is likely to decrease factored in inventory adjustment.
Japan Steel Scrap Composite Prices (Sangyo Press)05/19/2022
|60500YEN (-1200)||64800YEN (-1100)|
|467.43US$ (-5.98)||500.66US$ (-4.98)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)