Japan's domestic market prices of locally available ferrous scrap averaged Y33,709/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the third week of March 2010, up Y2,389 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for 10 consecutive weeks.
In the third week of March 2010, the monitor prices of No2 HMS ex steelworks in cash transactions were Y35,333/ton in Kanto, up Y2,666 from a week ago; Y32,060/ton in Chubu, up Y2,500; and Y33,733/ton in Kansai, up Y2,000. The monitor price indicates the average of benchmark prices. |
