Japan's domestic market prices of locally available ferrous scrap averaged Y24,271/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of October 2009, down Y3,117 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price declined for two consecutive weeks.
In the first week of October 2009, the monitor prices of No2 HMS ex steelworks in cash transactions were Y24,667/ton in Kanto, down Y2,750 from a week ago; Y23,080/ton in Chubu, down Y3,100; and Y25,067/ton in Kansai, down Y3,500. The monitor price indicates the average of benchmark prices. |
