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Iron and Steel News07/12/2010

Japan Ferrous Scrap Price Drops Again
Japanese ferrous scrap price turned into decrease for the first time in near one month under slump for new export transaction to East Asia. The domestic consumption decreases in July from June when many electric furnace steel makers plan summer time maintenance outage. Domestic integrated steel makers could reduce the consumption for potential production cut. However, some scrap dealers expect the scrap market could be supported low level dealers' stock and scrap generation level.


Today's Japan Metal Bulletin E-mail
Japan Ferrous Scrap Price Drops Again
Japan H-beam Demand to Keep Q/Q Flat at 630,000T for July-September
Section Steels Price Continues Decline in Osaka
Weak Cold Sheet Price in Tokyo
Japan Black Plate Export Price Rises by US$ 50-100/t for July-September

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