Chinese steel material price rose rapidly last week. Hot rolled coil price in Beijing increased by 100 yuan to 4,050 yuan, exceed the higheset price in 2 years.
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)