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)01/26/2022
|51800YEN (-)||56000YEN (-)|
|451.06US$ (0.66)||487.63US$ (0.72)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)