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)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)