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)12/07/2018
|30300YEN (-300)||35400YEN (-400)|
|2.28US$ (-)||3.1US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)