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)09/28/2023
|50400YEN (-)||52000YEN (-)|
|334.55US$ (-1.27)||345.17US$ (-1.31)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)