JX Nippon Mining & Metals announced on 1st to decrease official copper price for December shipments by 10,000 yen per ton to 800,000 yen. The price dropped due to falling of overseas copper price toward the end of month.
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)