JX Nippon Mining & Metals announced on 10th to decrease official copper price for January shipments by 10,000 yen to 810,000 yen. It is on the background of low price in the oversea’s market and falling stock prices in China. Estimated monthly average price was 812,100 yen.
Japan Steel Scrap Composite Prices (Sangyo Press)01/18/2018
|36800YEN (-)||39500YEN (-)|
|327.61US$ (-2.85)||351.64US$ (-3.07)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)