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)05/19/2022
|60500YEN (-1200)||64800YEN (-1100)|
|467.43US$ (-5.98)||500.66US$ (-4.98)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)