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Japan's Local Scrap Prices Average Y24,088 In Three Main Areas
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.
last modified : Tue 14 Jul, 2009 [10:04]
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