Japanese integrated steel makers’ iron ore purchase price for April-June is likely to decrease by 15-17% from January-March. Because, though spot price is rising from the bottom in last year, the averaged price in December-February would decrease.
Japan Steel Scrap Composite Prices (Sangyo Press)03/22/2018
|36500YEN (-)||39600YEN (-)|
|342.31US$ (1.6)||371.38US$ (1.74)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)