Japan's domestic market prices of locally available ferrous scrap averaged Y44,887/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fifth week of September 2008, up Y723 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for three consecutive weeks.
In the fifth week of September 2008, the monitor prices of No2 HMS ex steelworks in cash transactions were Y44,333/ton in Kanto, up Y500 from a week ago; a flat Y43,260/ton in Chubu; and Y47,067/ton in Kansai, up Y1,667.
In the week under review, No2 HMS prices across the nation averaged Y43,123/ton delivered steelworks, up Y310 from a week ago. |
