A growing numbers of iron and steel makers in Japan is starting the operation base in south-eastern Asia. It is on the background that investment form Japan mainly automobile makers is increasing rapidly and demand of high grade steel is expanding. Nippon Steel and Sumitomo Metal and JFE Steel are building hot dip galvanizing steel sheet factory for automobile in Indonesia.
Japan Steel Scrap Composite Prices (Sangyo Press)10/15/2018
|36200YEN (-)||41300YEN (-)|
|320.27US$ (0.45)||365.39US$ (0.52)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)