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| Kansai Tetsugen's August Scrap Intakes Total 65,473 Tons |
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Japan's Osaka-based Kansai Tetsugen council of ferrous scrap dealers secured a total of 65,473 tons of locally available ferrous scrap in August 2010 for arrivals at member companies' captive stockyards in the Osaka area, up 5% from a year ago, indicating a year-on-year increase for eight consecutive months, according to the council. Of the total arrivals, Shindachi (new production scrap) accounted for 11,300 tons, up 18% from a year ago; turnings 5,260 tons, up 28%; and heavy scrap 48,913 tons, up 1%. Kansai Tetsugen's direct shipments of local ferrous scrap to steelmakers totaled 19,154 tons in August 2010, down 26% from a year ago, falling short of 20,000 tons for two consecutive months. The council held in stock a total of 18,518 tons of local ferrous scrap at the end of August 2010, up 36% from a month ago. Meanwhile, the shiploading volume of ferrous scrap in the Osaka Bay area totaled 19,075 tons in August 2010, up 21% from a year ago, according to a Kansai Tetsugen survey. Of the total, heavy scrap accounted for 1,881 tons; miscellaneous ferrous stuff 15,694 tons; and others 1,500 tons. |
| last modified : Thu 16 Sep, 2010 [10:24] |
