JX Nippon Mining & Metals announced on 19th to decrease official copper price for January shipments by 10,000 yen per ton to 730,000 yen. The price dropped due to further falling of overseas copper price on the background of weak crude oil price.
Japan Steel Scrap Composite Prices (Sangyo Press)08/16/2018
|34800YEN (-)||39700YEN (-)|
|311.8US$ (2.19)||355.7US$ (2.5)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)