Chinese iron and steel makers might increase the use of ferrous scrap. Production by electric furnace will rise, and ferrous scrap will be needed more, because makers must reduce carbon-dioxide emission in preparation for new Environmental Protection in 2015. Using ratio of ferrous scrap is expected to increase by 2016.
Japan Steel Scrap Composite Prices (Sangyo Press)05/31/2023
|46700YEN (-)||48200YEN (-)|
|331.75US$ (1.18)||342.4US$ (1.21)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- Steel on the net