Japan's domestic market prices of locally available ferrous scrap averaged Y35,341/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fifth week of August 2007, up Y89 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price went up for the first time in three weeks. |
In the fifth week of August 2007, the monitor prices of No2 HMS ex steelworks in cash transactions were a flat Y35,183/ton in Kanto; Y34,440/ton in Chubu, up Y100 from a week ago; and Y36,400/ton in Kansai, up Y167. The monitor price indicates the average of benchmark prices.
In the week under review, No2 HMS prices across the nation averaged Y36,068/ton delivered steelworks, up Y181 from a week ago.