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|Kansai Tetsugen's March Scrap Intakes Total 83,561 Tons|
Japan's Osaka-based Kansai Tetsugen council of ferrous scrap dealers secured a total of 83,561 tons of locally available ferrous scrap in March 2010 for arrivals at member companies' captive yards in the Osaka area, up 24% from a year ago, indicating a year-on-year increase for three consecutive months, when the total arrivals hit a high level of 80,000 tons for the first time in one year and five months since October 2008, according to the council.|
Of the total arrivals, Shindachi (new production scrap) accounted for 12,902 tons, up 50% from a year ago; turnings 6,083 tons, up 39%; and heavy scrap 64,576 tons, up 19%.
Kansai Tetsugen's direct shipments of local ferrous scrap to steelmakers totaled 24,390 tons in March 2010, down 7% from a year ago.
The council members held in stock a total of 17,357 tons of local ferrous scrap at the end of March 2010, down 11% from a year ago (down 13% from a month ago).
Meanwhile, the shiploading volume of ferrous scrap in the Osaka Bay area totaled 26,347 tons in March 2010, down 52% from a year ago, indicates a Kansai Tetsugen survey. Of the total, heavy scrap accounted for 11,953 tons, down 74% from a year ago, and miscellaneous ferrous stuff 14,394 tons, up 75%.
|last modified : Wed 21 Apr, 2010 [10:37]|