Japanese integrated steel makers’ iron ore purchase price will decrease by 7% for January-March from October-December.Strong caking coal of October-Deceber will increase by 13% from July-September. Material Price is keeping at kind of high level though China is decreasing output due to environmental regulations in the winter.
Japan Steel Scrap Composite Prices (Sangyo Press)11/13/2018
|33000YEN (-800)||38100YEN (-900)|
|287.81US$ (-6.26)||332.29US$ (-7.02)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)