Ferrous scrap market price is firm at around 6,400 yen per tonne for steel turning scrap, around 6,900 yen for A grade pig iron turning scrap and around 6,400 yen for B grade pig iron turning scrap at the dealers’ purchase price including freight around Tokyo. The price is expected to keep firm due to higher local demand.
Local electric furnace steel makers pay 10,500-13,000 yen per tonne for turning scrap. The makers plan to purchase more scrap in April than March level. The higher demand is expected to support local market price when the supply is still low level due to major production cut by automakers and other manufacturers. Ferrous scrap market price is firm at around 10,000 yen per tonne for H2 grade around Osaka.| 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)
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