Japan's domestic market prices for locally available ferrous scrap averaged Y21,036/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the third week of January 2006, down Y33 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price declined for six consecutive weeks.
In the third week of January 2006, the monitor prices of No2 HMS on cash terms were Y22,067/ton delivered steelworks in Kanto, up Y334 from a week ago; Y19,540/ton in Chubu, down Y100; and Y21,500/ton in Kansai, down Y333.
In the week under review, No2 HMS prices across the nation averaged Y20,972/ton delivered steelworks, down Y15 from a week ago. |
