Japan's domestic market prices of locally available ferrous scrap averaged Y24,088/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of July 2009, up Y434 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for four consecutive weeks.
In the first week of July 2009, the monitor prices of No2 HMS ex steelworks in cash transactions were Y24,917/ton in Kanto, up Y167 from a week ago; Y22,780/ton in Chubu, up Y300; and Y24,567/ton in Kansai, up Y834. |