According to trade statistics Ministry of Finance announced on 20th, ferrous exports of October decreased by 1.6% from the previous year to 3.276 million tons, it was the decrease for the straight 2 months. It was also 5.1% decrease compared with the previous month. It is the background of downturn in economy in Thailand and developing countries, a decrease of spot exports caused by increasing domestic demand for mainly construction and automobile.
Japan Steel Scrap Composite Prices (Sangyo Press)08/06/2020
|22600YEN (-)||24700YEN (-)|
|212.19US$ (0.2)||231.9US$ (0.21)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)