Stainless steel scrap market price increases by 5,000 yen to 100,000 yen per tonne for SUS304 grade in Japan. The supply gets tight under low level scrap supply while domestic stainless makers increase the production from the bottom. The scrap price is also lifted by higher raw materials cost when nickel ingot price reached US$ 19,000-20,000 per tonne at London Metal Exchange from US$ 15,775 in early July.
Japanese stainless scrap supply is very low due to domestic lower transaction and lower utilization of the using industry. A dealer estimates the scrap supply is around 50% of last year level. The scrap export reached 10,000 tonnes per month from January to May, which is historical high level. The higher export also reduces the domestic supply. Domestic stainless makers increase the production level under recovering demand after inventory adjustment of the users and dealers. The stainless makers try to meet higher demand from China by increasing the production. A trader expects the stainless production keeps firm in September and the scrap supply could keep tight.M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
« Apr | ||||||
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Japan Steel Scrap Composite Prices (Sangyo Press)
- Agenda for Change Agreement
- Retention Bonus Agreement Pdf
- Car Rental Agreement Sample Free Uk
- Company Sale and Purchase Agreement Template
- Party Wall Agreement Cost London
- Wto Sps Agreement Ppt
- Athlete Representation Agreement
- Property Management Agreement Example
- China-Europe Comprehensive Investment Agreement
- Agreement on Subsidies and Countervailing Measures
- Agreement for the Provision of Marketing Services
- Prenuptial Agreement Form Nys
- Home for Sale by Owner Contract Form
- Business Combination Agreement Lilium
- Uk Dutch Double Taxation Agreement
- Quickbooks Online Service Agreement
- Simple Loan Agreement with Balloon Payment
- Agreements Form
- Liquidated Damages for Breach of Confidentiality Agreement
- An Agreement Synonyms