According to trade statistics Ministry of Finance announced on 19th, imports of October on all iron and steel basis decreased by 0.4% from the previous month. It dropped by 8.8% from the previous year, and it was the decrease for 11th straight month, compared with the previous month. Asia, China and NIEs kept the rising trend, and concern for inflow of import material is persistent while international market is dull situation.
Japan Steel Scrap Composite Prices (Sangyo Press)10/11/2019
|22300YEN (-200)||24700YEN (-100)|
|204.34US$ (-3.28)||226.34US$ (-2.51)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)