Mitsui Mining And Smelting does not insist on increase of zinc acquisition rate from the iron mine capitalized by the firm, Sadao Senda (President) said in the interview by Sangyo press. The firm gives overriding weight to earning capacity of iron mine in the overseas resources development, and may sell iron ore to other than the firm’s own smelter. Whole metal field of Mitsui Mining And Smelting put “recycle smelting” at the core of medium-term strategy, and set to increase percentage of zinc oxide material.
Japan Steel Scrap Composite Prices (Sangyo Press)10/11/2019
|22300YEN (-200)||24700YEN (-100)|
|204.34US$ (-3.28)||226.34US$ (-2.51)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)