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)10/18/2018
|36200YEN (-)||41300YEN (-)|
|318.38US$ (-0.82)||363.24US$ (-0.93)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)