Mitsui Mining And Smelting announced on 20th to decrease official zinc price for August shipments by 3,000 yen to 271,000 yen. It was on the background that oversea’s all nonferrous metal market price is dropping due to concern over downturn in Chinese economy.
Japan Steel Scrap Composite Prices (Sangyo Press)07/18/2018
|34300YEN (-)||39000YEN (200)|
|300.85US$ (-1.51)||342.08US$ (0.05)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)