Japanese ferrous scrap market price turned into increase when Chinese and offshore buyers’ bid is higher than domestic market price. Japanese electric furnace steel makers increased the scrap purchase price by 500-1,000 yen to 22,000-23,500 yen per tonne around Tokyo and Osaka in the week. Japanese scrap industry interests expect the price could increase more depending on the export transaction.
Chinese buyers restarted purchase of Japanese scrap. The export price to China is around FOB 23,500 yen per tonne for H2 while the export to South Korea is 23,500-24,000 yen. The export price could increase more when US scrap export price increases to C&F US$ 260 per tonne level. Japanese electric furnace steel makers increased the scrap purchase price for the first time in a month around Tokyo to secure the material under competition with the export. Osaka’s makers also increase the price under the scrap market recovery sentiment. Japanese scrap interests expect local steel makers could increase the scrap purchase price more when the price level is lower than the export price and purchase price by integrated steel makers. The electric furnace steel makers are likely to secure the requirement by adjusting the purchase price.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