Increasing trend of imports steels doesn’t stop. According to foreign trade statistics (flash) Ministry of Finance announced on 19th, imports of all iron and steels increased by 58.2% from the previous year to 857,103 tons. Imports from China increased to 2.7-fold. And they from Korea keep stable tone. They exceed the previous year level for the straight 5 months, and recorded to 800,000 tons level for the first time since January 2014.
Japan Steel Scrap Composite Prices (Sangyo Press)07/12/2018
|34300YEN (-)||38800YEN (-)|
|303.06US$ (-3.38)||342.82US$ (-3.83)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)