Anshan Iron and Steel Group in China signed up to an agreement on construction of hot-dip galvanized steel sheets mill for automobile with the government of Guangzhou city, Guangdong Province, in the end of December. The mill has annual 450,000 tons of output capability, and it will be completed until 2016. In South China, competition of steel sheets for automobile is likely to heat up.
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)