JFE Steel announced on 3rd that the firm accepted 280 tons of oil well casings for casing pipe orders, named JFE-UHP-17CR-110, with Metalone. They are orders for oilfield development project which Petrobras, Brazil National Oil Company, in the off the coast of Brazil. And they shipped total volume in the end of May. It is the first order receipt for this product that has good corrosion-resistance.
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)