Steel exports of China increased by 7.7% from the previous month to 9.2 million tons, it was the increase for the 2nd straight months. It rose by 14% from the previous year, it was the 4th highest level in history. Though it was expected to decrease due to abolishment of export tax refund for boron-doped steel alloy by Beijing, increasing trend was getting clear. It is exported the most for East Southern Asia and it bears international market mainly Asia.
Japan Steel Scrap Composite Prices (Sangyo Press)11/25/2022
|47200YEN (-400)||48300YEN (-500)|
|336.88US$ (-2.49)||344.73US$ (-3.2)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)