Ferrous scrap price reacted to increase for the first time in around a month. Tokyo Steel Utsunomiya Works raised the purchasing rice by 500 yen for the first time since May 10th, and even in other electric furnaces steel makers in the same area, 8 works increased the price by 500 yen.
Japan Steel Scrap Composite Prices (Sangyo Press)04/16/2021
|43100YEN (-)||45000YEN (-)|
|392.82US$ (0.68)||410.13US$ (0.71)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)