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)10/11/2019
|22300YEN (-200)||24700YEN (-100)|
|204.34US$ (-3.28)||226.34US$ (-2.51)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)