JX Nippon Mining & Metals announced on 25th to decrease official copper price for February shipments by 10,000 yen to 780,000 yen. It is on the background of a sharp drop in the oversea’s market, caused by falling stock prices in China. Estimated monthly average price was 781,000 yen.
Japan Steel Scrap Composite Prices (Sangyo Press)12/10/2018
|30300YEN (-)||35400YEN (-)|
|0.63US$ (-)||0.74US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)