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)11/25/2020
|31200YEN (700)||33200YEN (900)|
|295.76US$ (6.88)||314.72US$ (8.79)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)