FUWA METAL established new sales base in Texas in the USA, and operation started this month. It is the 3rd base in the United States following NewYork in July 2007, Los Angeles in July 2013. The firm covered main area of ferrous scrap market in the USA. The firm got to be able to select optimal supplier and sale destination of ferrous scrap, and ensure optimal quantity in Japan and other countries. Herewith, the firm can consolidate the management setup responded to market and demand in a lot of areas more flexibly.
Japan Steel Scrap Composite Prices (Sangyo Press)10/23/2018
|36200YEN (-)||41300YEN (-)|
|318.19US$ (-0.78)||363.01US$ (-0.9)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)