According to nonferrous metal supply and demand statistics, METI (Ministry of Economy, Trade and Industry) announced on Monday, nickel consumption of May recorded the highest level in around 3 years and half at 4741 tons. It for special steel exceeded monthly 400 tons for the first time in around 7 years.
Japan Steel Scrap Composite Prices (Sangyo Press)05/19/2022
|60500YEN (-1200)||64800YEN (-1100)|
|467.43US$ (-5.98)||500.66US$ (-4.98)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)