Japan's domestic market prices of locally available ferrous scrap averaged Y24,899/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fourth week of July 2009, up Y22 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for seven consecutive weeks.
In the fourth week of July 2009, the monitor prices of No2 HMS ex steelworks in cash transactions were Y25,917/ton in Kanto, up Y334 from a week ago; Y23,380/ton in Chubu, down Y100; and Y25,400/ton in Kansai, down Y167. The monitor price indicates the average of benchmark prices. |
