Mitsui Mining & Smelting announced on Thursday the firm revised up the official zinc ingot price by 3,000 yen to 295,000 yen per tonne for January shipment. It is on the background of rising ingot price import cost, because of ceasing to LME zinc price fall and appreciation of the dollar against the yen.
Japan Steel Scrap Composite Prices (Sangyo Press)02/15/2019
|30300YEN (-)||35200YEN (-)|
|271.9US$ (1.32)||315.87US$ (1.53)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)