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Iron and Steel News05/27/2008

Japan Ferrous Scrap Price to Eye 70,000 yen/t Level
Japanese ferrous scrap market increases toward 70,000 yen per tonne level for H2 grade around Tokyo. The demand is strong when integrated steel makers increase the consumption to reduce carbon dioxide emission along with firm demand from South Korea. Japanese electric furnace steel makers try to find the price trend when they try to pass the higher cost on the selling price.


Today's Japan Metal Bulletin E-mail
Japan Ferrous Scrap Price to Eye 70,000 yen/t Level
Japan, Ferrous Scrap Consumption Rate by Converter Increases to 13%
Tokyo Kohtetsu Plans 5 billion yen Expenditure in 3 Years
Chubu Steel Plate Reaches Total Crude Steel at 20 million tonnes
Rebar Price Ups 2,000 yen/t in Tokyo

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