Daido Steel announced on 25th to dissolve the joint venture for nickel alloy business with Special Metals Corporation (SMC) in the United States by September 30th 2015. The joint company, Daido Special Metal(DSM), had been developing Nickel alloy business for the global market for 40 years since 1974.
Japan Steel Scrap Composite Prices (Sangyo Press)12/12/2018
|30100YEN (-)||35300YEN (-)|
|0.99US$ (-)||1.16US$ (-)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)