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)10/15/2018
|36200YEN (-)||41300YEN (-)|
|320.27US$ (0.45)||365.39US$ (0.52)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)