Chinese magnesium alloy ingots are making a strong rally. Export price for Japan in last week was 2,720-2,740 dollers per ton, it rose by 180-200 dollers for 10 days. Though the price was falling trend so far, because producer is reluctant to sell the stocks, a lot of purchaser made a hasty purchase. But it is unclear if the price keeps to rise due to excess of supply and slumping domestic demand and export.
Japan Steel Scrap Composite Prices (Sangyo Press)
2026/01/22| H2 | NewCutting (PRESS) |
| 43700YEN (-) | 46000YEN (-) |
| 277.87US$ (-0.03) | 292.49US$ (-0.04) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
