According to foreign trade statistics that Ministry of Finance announced on 18th, iron and steel exports of November decreased by 4.5% from the previous year to 3.36 million tons, it was the decrease for the 3 straight months. It increased by 2.6% from the previous month, it was the increase for the first time in 3 months. Control of export for mainly spot continues while mill in Japan has little available capacity because domestic consumption for construction, automobile and industrial machine is increasing.
Japan Steel Scrap Composite Prices (Sangyo Press)03/08/2021
|42300YEN (-)||44100YEN (-)|
|386.76US$ (-1.67)||403.22US$ (-1.74)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)