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)02/19/2018
|35300YEN (-)||38300YEN (-)|
|328.98US$ (-0.03)||356.94US$ (-0.04)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)