Japanese inventory of hot, cold and coated steel increased by 1.9% (82,000 tons) from the previous month to 4.31 million tonnes held by the makers, distributors and coil centers at end of May. Steel sheets outputs for domestic in April-May by blast furnaces steel manufactures, decreased by around 15% from the previous term, but demand for main field including automobile and construction was not high and seasonal reason also contributed to rising inventories.
Japan Steel Scrap Composite Prices (Sangyo Press)04/22/2019
|30900YEN (-400)||34900YEN (-600)|
|273.48US$ (-3.49)||308.88US$ (-5.25)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)