Chinese steel exports in May was 8.07 million tons, they recorded high. They reached around 100 million tons level on an annually adjusted basis. Steel exports increased by 49.2% from the previous year, and it was the increase for the straight 6 months. They exceeded 7.68 million tons recorded in August 2008, before banking crisis.
Japan Steel Scrap Composite Prices (Sangyo Press)12/08/2023
|49900YEN (-)||51400YEN (-)|
|345.93US$ (9.15)||356.33US$ (9.43)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)