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)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)