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Japan's Scrap Prices Average Y30,423 In Three Main Trading Areas
Japan's domestic market prices of locally available ferrous scrap averaged Y30,423/ton delivered at steelworks for No2 HMS in the Kanto, Chubu, and Kansai areas in the fourth week of March 2012, up Y339 from a week ago, according to a monitor survey by the Japan Ferrous Raw Materials Association. As a result, the average price advanced for the first time in three weeks since the first week of March 2012.

In the fourth week of March 2012, the monitor prices of No2 HMS ex steelworks in cash transactions were Y32,750/ton in Kanto, up Y417 from a week ago; Y29,620/ton in Chubu, up Y100; and Y28,900/ton in Kansai, up Y500. The monitor price indicates the average of benchmark prices.
last modified : Tue 03 Apr, 2012 [10:38]
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