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)02/13/2020
|20500YEN (-1000)||22500YEN (-1000)|
|184.83US$ (-9.13)||202.87US$ (-9.13)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)