Japan's domestic market prices of locally available ferrous scrap averaged Y36,387/ton delivered steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the first week of April 2010, up Y634 from a week ago, according to a survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for 13 consecutive weeks.
In the first week of April 2010, the monitor prices of No2 HMS ex steelworks in cash transactions were Y37,667/ton in Kanto, up Y167 from a week ago; Y34,760/ton in Chubu, up Y900; and Y36,733/ton in Kansai, up Y833. The monitor price indicates the average of benchmark prices. |
