Japan's domestic market prices for locally available ferrous scrap averaged Y20,802/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fourth week of January 2006, down Y234 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price declined for seven consecutive weeks.
In the fourth week of January 2006, the monitor prices of No2 HMS on cash terms were Y21,967/ton delivered steelworks in Kanto, down Y100 from a week ago; Y19,440/ton in Chubu, down Y100; and Y21,000/ton in Kansai, down Y500.
In the week under review, No2 HMS prices across the nation averaged Y20,872/ton delivered steelworks, down Y100 from a week ago. |
