Japan's domestic market prices of locally available ferrous scrap averaged Y27,721/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of September 2009, down Y2,167 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price declined for the first time in nearly three months since the second week of June 2009.
In the first week of September 2009, the monitor prices of No2 HMS ex steelworks in cash transactions were Y28,083/ton in Kanto, down Y2,834 from a week ago; Y26,680/ton in Chubu, down Y2,000; and Y28,400/ton in Kansai, down Y1,667. The monitor price indicates the average of benchmark prices. |
