Japan's domestic market prices of locally available ferrous scrap averaged Y30,665/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of March 2010, up Y1,534 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for eight consecutive weeks.
In the first week of March 2010, the monitor prices of No2 HMS ex steelworks in cash transactions were Y32,167/ton in Kanto, up Y1,500 from a week ago; Y28,760/ton in Chubu, up Y1,100; and Y31,067/ton in Kansai, up Y2,000. The monitor price indicates the average of benchmark prices. |
