Japan's domestic market prices of locally available ferrous scrap averaged Y14,977/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fourth week of December 2008, down Y522 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price declined for two consecutive weeks.
In the fourth week of December 2008, the monitor prices of No2 HMS ex steelworks in cash transactions were Y15,917/ton in Kanto, down Y666 from a week ago; Y13,780/ton in Chubu, down Y400; and Y15,233/ton in Kansai, down Y500. |
