Japan's domestic market prices of locally available ferrous scrap averaged Y16,954/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of April 2009, up Y1,189 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for the first time in two months since the first week of February 2009.
In the first week of April 2009, the monitor prices of No2 HMS ex steelworks in cash transactions were Y18,250/ton in Kanto, up Y2,167 from a week ago; Y15,380/ton in Chubu, up Y400; and Y17,233/ton in Kansai, up Y1,000. The monitor price indicates the average of benchmark prices. |
