Hot, cold and coated sheet steel inventory for Japan in the end of December decreased by 1.8% (74,000 tons) from the previous month to 4.18 million tons, and it was the decrease for the first time in 2 months. Inventories decreased because iron and steel makers liquidate output, import material decreased, and coil center controlled arrival of goods.
Japan Steel Scrap Composite Prices (Sangyo Press)01/19/2018
|36800YEN (-)||39500YEN (-)|
|328.25US$ (0.64)||352.33US$ (0.72)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)