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Japan's Local Scrap Prices Average Y35,252 In Three Main Areas
Japan's domestic market prices of locally available ferrous scrap averaged Y35,252/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the third week of August 2007, the same as the week before, according to a survey by the Japan Ferrous Raw Materials Association.

In the third week of August 2007, the monitor prices of No2 HMS ex steelworks in cash transactions moved sideways from a week ago at Y35,183/ton in Kanto, Y34,340/ton in Chubu, and Y36,233/ton in Kansai. The monitor price indicates the average of benchmark prices.

In the week under review, No2 HMS prices across the nation averaged Y35,744/ton delivered steelworks, up Y72 from a week ago.
last modified : Thu 23 Aug, 2007 [12:33]
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